by Tom Ventresca | Dec 13, 2020 | Mr. Seifert Sez
Wall Street Wobbles As Stimulus Talks Stall CNBC has revised their Option Action show which is aired every weekday night at 5:30. They have really beefed up the Friday show to the point that we think it is one of the best option oriented shows on the air. Check it...
by Tom Ventresca | Dec 13, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $15,000 Week Ending: 12/04/20 $ Total Profit/Loss For Week: -$233 % Total Profit/Loss For Week: -1.6% % Winning Trades For Week: 33.3% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 47.4%...
by Tom Ventresca | Dec 10, 2020 | One Day Wonder
Quick Take: One Day Wonder – Bullish Trade Time Frame: One Day. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Up. Option Position: Long Deferred ATM -1or -2 Call – Short Expiring ATM +1 or +2 Call....
by Tom Ventresca | Dec 7, 2020 | Blow Off Tops/Bottoms
Quick Take: Blow Off Bottom – Bullish Trade Time Frame: Three To Seven Days. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Up. Option Position: Short Expiring ATM Put – Long Expiring ATM -2 Put...
by Tom Ventresca | Dec 7, 2020 | Bull/Bear Spreads
Quick Take: Bullish Put Credit Spread Trade Short weekly expiring ATM put, long weekly expiring ATM -2 put. Time Frame: One Week. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position:...
by Tom Ventresca | Dec 7, 2020 | The Low Cost Put Hedge, Uncategorized
Quick Take: Low Cost Bearish Call Hedge Strategy Time Frame: One to Twelve Weeks. Stock: Bearish Market Edge Opinion – Short Stock Position. Desired Stock Price Direction: Sideways to Down. Option Position: Short ATM Call – Long ATM +1 Call (Bearish Call Credit...
by Tom Ventresca | Dec 7, 2020 | 21st Century Covered Calls
Quick Take: 21st Century Covered Call Strategy Time Frame: One to Eight Weeks. Stock: Bullish Market Edge Opinion – Long Stock position. Desired Stock Price Direction: Sideways to Up. Option Position: Short ATM Call – Long ATM +2 Call (Credit Spread). Maximum...
by Tom Ventresca | Dec 7, 2020 | Billionaire Trade
Quick Take: The Bullish – Billionaire, Risk Reversal Strategy Holding Period: One to twelve weeks. Stock: Bullish Market Edge Opinion – No stock position. Option Positions: Two separate transactions. 1) Combo Trade: Long a 75–90 day ATM call, short a 75–90 day ATM put...
by Tom Ventresca | Dec 6, 2020 | Mr. Seifert Sez
Global Markets Rally on Vaccine Rollout CNBC has revised their Option Action show which is aired every weekday night at 5:30. They have really beefed up the Friday show to the point that we think it is one of the best option oriented shows on the air. Check it out....
by Tom Ventresca | Dec 6, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $15,000 Week Ending: 12/04/20 $ Total Profit/Loss For Week: -$8 % Total Profit/Loss For Week: -0.1% % Winning Trades For Week: 60.0% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 48.8% Optionomics...
