by Tom Ventresca | Aug 25, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 08/22/19 Risk Capital: $20,000 Performance For Week End: 08/22/19 $ Total Profit/Loss For Week: $814 % Total Profit/Loss For Week: 4.1% Win % For Week: 75.0% Performance Since Week End: 01/04/19 YTD...
by Tom Ventresca | Aug 22, 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 | Aug 20, 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 | Aug 20, 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 | Aug 18, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 08/16/19 Risk Capital: $20,000 Performance For Week End: 08/16/19 $ Total Profit/Loss For Week: -$509 % Total Profit/Loss For Week: -2.5% Win % For Week: 0.0% Average # Trades Per Week: 5 Performance Since...
by Tom Ventresca | Aug 18, 2019 | Mr. Seifert Sez
Trump’s Folly? March 30, 1867 the United States Secretary of State William Seward reached an agreement with Russia to purchase Alaska from The Czar for a price of $7.2 million dollars. Critics of the deal referred to it as “Seward’s Folly” and claimed...
by Tom Ventresca | Aug 16, 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 | Aug 16, 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 | Aug 16, 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 | Aug 15, 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....