by Tom Ventresca | Mar 23, 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 23, 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 | Mar 22, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 03/20/20 $ Total Profit/Loss For Week: $0 % Total Profit/Loss For Week: 0.0% % Winning Trades For Week: 0.0% Performance Since: 01/04/19 S&P 500 % P/L: -7.3% Optionomics $...
by Tom Ventresca | Mar 22, 2020 | Mr. Seifert Sez
It Ain’t Over Till Its Over The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Another volatile week saw global equities sink on Monday and the DJIA turned in its worst one-day decline since 1987...
by Tom Ventresca | Mar 15, 2020 | Mr. Seifert Sez
Virus Wallops Wall Street The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Volatility was off the charts this week as the DJIA suffered its worst weekly percentage loss since 2008 and biggest one-day decline...
by Tom Ventresca | Mar 15, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 03/13/20 $ Total Profit/Loss For Week: -$1,809 % Total Profit/Loss For Week: -9.0% % Winning Trades For Week: 0.0% Performance Since: 01/04/19 S&P 500 % P/L: 9.1% Optionomics $...
by Tom Ventresca | Mar 10, 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 | Mar 10, 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 | Mar 10, 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 | Mar 10, 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...