by Tom Ventresca | Apr 12, 2020 | Mr. Seifert Sez
Bull Or Bear Market? The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Investors that were waiting for a leveling off in the number of new Covid-19 cases got what they were waiting for this week and plowed back...
by Tom Ventresca | Apr 6, 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 6, 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 5, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 04/03/20 $ Total Profit/Loss For Week: -$147 % Total Profit/Loss For Week: -0.7% % Winning Trades For Week: 25.0% Performance Since: 01/04/19 S&P 500 % P/L: 0.1% Optionomics $...
by Tom Ventresca | Apr 5, 2020 | Mr. Seifert Sez
Spreading Covid-19 Sinks Stocks The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Global markets were whipsawed by Covid-19 headlines again this week as another volatile week saw the major averages spike both...
by Tom Ventresca | Apr 2, 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 | Mar 30, 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 | Mar 29, 2020 | Mr. Seifert Sez
Stocks Rebound On Stimulus Package The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). After the DJIA turned in its worst weekly performance since 2008, down -17.3%, investors were hoping for some relief this...
by Tom Ventresca | Mar 29, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 03/27/20 $ Total Profit/Loss For Week: $795 % Total Profit/Loss For Week: 4.0% % Winning Trades For Week: 50.0% Performance Since: 01/04/19 S&P 500 % P/L: 2.2% Optionomics $...
by Tom Ventresca | Mar 26, 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....