by Tom Ventresca | Sep 16, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 09/14/19 Risk Capital: $20,000 Performance For Week End: 09/14/19 $ Total Profit/Loss For Week: $59 % Total Profit/Loss For Week: 0.3% Win % For Week: 50.0% Performance Since Week End: 01/04/19 YTD S&P...
by Tom Ventresca | Sep 15, 2019 | Mr. Seifert Sez
First Arnie, Now T. Boone. Who Is Next? There are certain things that you know will never happen and one of them was the death of the golfer Arnold Palmer who unfortunately died on September 25,2016. Arnie made the modern game of Golf. Jack Nicklaus may have been the...
by Tom Ventresca | Sep 9, 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...
by Tom Ventresca | Sep 9, 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 9, 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 9, 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 | Sep 9, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 09/06/19 Risk Capital: $20,000 Performance For Week End: 09/06/19 $ Total Profit/Loss For Week: -$279 % Total Profit/Loss For Week: -1.4% Win % For Week: 50.0% Performance Since Week End: 01/04/19 YTD...
by Tom Ventresca | Sep 8, 2019 | Mr. Seifert Sez
Dodged One-Now The Money Grab Is On The U.S. dodged a bullet last week when Category 5 hurricane Dorian skirted the East Coast. Most of the major population centers did not receive a full blast and those that did were greeted with a storm that didn’t have the punch...
by Tom Ventresca | Sep 5, 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 3, 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...