by Tom Ventresca | Mar 1, 2020 | Mr. Seifert Sez
Wall Street Walloped The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). It was an ugly week that went from bad to worse. Global markets dropped double-digits and the S&P 500 suffered the fastest market...
by Tom Ventresca | Feb 27, 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 | Feb 24, 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 | Feb 24, 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 | Feb 24, 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 | Feb 23, 2020 | The Scoreboard
Last Week’s Results: Traders Plays 02/21/20 S&P 500 % P/L Since 01/04/19: 34.3% Risk Capital: $20,000 Performance For Week End: 02/21/20 $ Total Profit/Loss For Week: $187 % Total Profit/Loss For Week: 0.9% % Winning Trades For Week: 83.3%...
by Tom Ventresca | Feb 23, 2020 | Mr. Seifert Sez
Virus Weakens Equities The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Global markets couldn’t shake Coronavirus concerns this week and US equities staggered into the weekend, snapping a two-week...
by Tom Ventresca | Feb 20, 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 | Feb 18, 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 | Feb 18, 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...
