by Tom Ventresca | Nov 10, 2019 | Mr. Seifert Sez
Impeachment – What Does It Mean? Nothing. It is a political tool and is being used by the house to try to remove Mr. Trump from office. Will it work or will it backfire? This is a big move for the Speaker of the house, Ms. Pelosi. She gave up on trying to get...
by Tom Ventresca | Nov 10, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 11/08/19 Risk Capital: $20,000 YTD S&P 500 % Gain/Loss: 24.4% Performance For Week End: 11/08/19 $ Total Profit/Loss For Week: -$75 % Total Profit/Loss For Week: -0.4% Win % For Week: 50.0% Performance...
by Tom Ventresca | Nov 4, 2019 | 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 | Nov 4, 2019 | 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 | Nov 4, 2019 | 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 | Nov 4, 2019 | 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 | Nov 4, 2019 | 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 | Nov 4, 2019 | Mr. Seifert Sez
A House Divided By Itself Cannot Stand On June 16, 1858 Abraham Lincoln made a speech in which he referred to the problem of slavery as a House Divided by Itself cannot stand. Of course, his prophesy became fact on April 12, 1861 when the South attack Fort Sumter...
by Tom Ventresca | Nov 3, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 10/31/19 Risk Capital: $20,000 YTD S&P 500 % Gain/Loss: 23.4% Performance For Week End: 10/31/19 $ Total Profit/Loss For Week: $230 % Total Profit/Loss For Week: 1.2% Win % For Week: 75.0% Performance...
by Tom Ventresca | Oct 31, 2019 | 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....
