by Tom Ventresca | Oct 26, 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 | Oct 25, 2020 | Mr. Seifert Sez
Deal Or No Deal 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. The following is an...
by Tom Ventresca | Oct 25, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 10/23/20 $ Total Profit/Loss For Week: $348 % Total Profit/Loss For Week: 1.7% % Winning Trades For Week: 83.3% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 39.4% Optionomics...
by Tom Ventresca | Oct 22, 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 | Oct 19, 2020 | Bull/Bear Spreads
Quick Take: Bullish Put Credit Spread Trade Short weekly expiring ATM put, long weekly expiring ATM -2 put. If Stock Closes At Or Above The Short Put SP. Let The Spread Expire Worthless (Profit) If Stock Closes Below The Short Put SP. ...
by Tom Ventresca | Oct 19, 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 | Oct 19, 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 | Oct 19, 2020 | The Low Cost Put Hedge, Uncategorized
Quick Take: Low Cost Bullish Put Hedge Strategy Time Frame: One to Twelve Weeks. Stock: Bullish Market Edge Opinion – Long Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position: Short ATM Put – Long ATM -1 Put (Bullish Put Credit Spread)...
by Tom Ventresca | Oct 19, 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 | Oct 18, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 10/16/20 $ Total Profit/Loss For Week: $191 % Total Profit/Loss For Week: 1.0% % Winning Trades For Week: 60.0% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 40.1% Optionomics...