by Tom Ventresca | Sep 30, 2019 | The Low Cost Put Hedge, Uncategorized
Quick Take: Low Cost Bearish Call Hedge Strategy Time Frame: One to Twelve Weeks. Stock: Bearish Market Edge Opinion – Short Stock Position. Desired Stock Price Direction: Sideways to Down. Option Position: Short ATM Call – Long ATM +1 Call (Bearish Call Credit...
by Tom Ventresca | Sep 30, 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 | Sep 30, 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 | Sep 30, 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 | Sep 29, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 09/27/19 Risk Capital: $20,000 Performance For Week End: 09/27/19 $ Total Profit/Loss For Week: $144 % Total Profit/Loss For Week: 0.7% Win % For Week: 75.0% Performance Since Week End: 01/04/19 YTD...
by Tom Ventresca | Sep 29, 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...
by Tom Ventresca | Sep 26, 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....
by Tom Ventresca | Sep 23, 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 | Sep 23, 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 | Sep 23, 2019 | Billionaire Trade
Quick Take: The Bearish – Billionaire, Risk Reversal Strategy Holding Period: One to twelve weeks. Stock: Bearish Market Edge Opinion – No stock position. Option Positions: Two separate transactions. 1) Combo Trade: Short a 75–90 day ATM put, long a 75–90 day ATM call...