by Tom Ventresca | Apr 20, 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 | Apr 20, 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 | Apr 20, 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 | Apr 19, 2020 | Mr. Seifert Sez
Stocks Surge For Second Week The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). The major averages were able to close mostly higher for a second straight week as investors balanced a leveling off of...
by Tom Ventresca | Apr 19, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 04/17/20 $ Total Profit/Loss For Week: -$460 % Total Profit/Loss For Week: -2.3% % Winning Trades For Week: 50.0% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 15.6%...
by Tom Ventresca | Apr 16, 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 | Apr 14, 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 | Apr 13, 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 | Apr 13, 2020 | Bull/Bear Spreads
Quick Take: Bullish Credit Spread Trade Time Frame: One Week. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position: Bullish Put Credit Spread. Maximum Risk: The difference between the...
by Tom Ventresca | Apr 12, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 04/10/20 $ Total Profit/Loss For Week: -$720 % Total Profit/Loss For Week: -3.6% % Winning Trades For Week: 0.0% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 12.2% Optionomics...