by Tom Ventresca | Jan 19, 2020 | The Scoreboard
Last Week’s Results: Traders Plays 01/17/20 Risk Capital: $20,000 S&P 500 % Gain/Loss: 30.3% Performance For Week End: 01/17/20 $ Total Profit/Loss For Week: -$262 % Total Profit/Loss For Week: -1.3% Win % For Week: 50.0% S&P 500 % Gain/Loss:...
by Tom Ventresca | Jan 19, 2020 | Mr. Seifert Sez
Record Rally Rolls On The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Better than expected Q4 earnings from Money Center banks helped to kick off a rally this week that saw the major averages turn in their...
by Tom Ventresca | Jan 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 | Jan 14, 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 | Jan 13, 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 | Jan 13, 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 | Jan 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 | Jan 13, 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 | Jan 12, 2020 | The Scoreboard
Last Week’s Results: Traders Plays 01/10/20 Risk Capital: $20,000 S&P 500 % Gain/Loss: 30.3% Performance For Week End: 01/03/20 $ Total Profit/Loss For Week: -$958 % Total Profit/Loss For Week: -4.8% Win % For Week: 33.3% S&P 500 % Gain/Loss:...
by Tom Ventresca | Jan 12, 2020 | Mr. Seifert Sez
Dow Bumps 29000 The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Investors shrugged off the spat between Iran and the US and continued to pile into equities this week. An overnight 400-point drop in the...
