by Tom Ventresca | Feb 18, 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 | Feb 16, 2020 | The Scoreboard
Last Week’s Results: Traders Plays 02/14/20 S&P 500 % P/L Since 01/04/19: 36.0% Risk Capital: $20,000 Performance For Week End: 02/14/20 $ Total Profit/Loss For Week: $14 % Total Profit/Loss For Week: 0.1% % Winning Trades For Week: 50.0%...
by Tom Ventresca | Feb 16, 2020 | Mr. Seifert Sez
Major Averages Push To New Highs The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). The major averages traded higher for a second straight week as better than expected earnings countered the effects of the...
by Tom Ventresca | Feb 13, 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 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 | Feb 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 | Feb 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...
by Tom Ventresca | Feb 10, 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 | Feb 9, 2020 | Mr. Seifert Sez
Rebound Hits Record High The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). After getting the shakes from the Coronavirus the previous week, the major averages rallied back hard and were able to hit new...
by Tom Ventresca | Feb 9, 2020 | The Scoreboard
Last Week’s Results: Traders Plays 02/07/20 S&P 500 % P/L Since 01/04/19: 29.8% Risk Capital: $20,000 Performance For Week End: 02/07/20 $ Total Profit/Loss For Week: -$660 % Total Profit/Loss For Week: -3.3% % Winning Trades For Week: 50.0%...
