by Tom Ventresca | Jul 23, 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 | Jul 22, 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 | Jul 21, 2019 | Mr. Seifert Sez
This Is Getting Absurd! If you thought last week was goofy in Washington you were only seeing the beginning of the insanity that can only happen there. The current episode started when Nike decided that they should pull a special shoe that was made as a tribute to...
by Tom Ventresca | Jul 21, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 07/19/19 Risk Capital: $20,000 Performance For Week Ending: 07/19/19 $ Win For Week: $626 $ Loss For Week: -$129 $ Total Profit/Loss For Week: $497 % Total Profit/Loss For Week: 2.5% Win % For Week: 75.0%...
by Tom Ventresca | Jul 19, 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 | Jul 19, 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 | Jul 16, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 07/12/19 Risk Capital: $20,000 Performance For Week Ending: 07/12/19 $ Win For Week: $306 $ Loss For Week: -$165 $ Total Profit/Loss For Week: $141 % Total Profit/Loss For Week: 0.7% Win % For Week: 66.7%...
by Tom Ventresca | Jul 15, 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 | Jul 15, 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 | Jul 14, 2019 | Mr. Seifert Sez
I Some Things Never Change! t was a pretty typical week in both the markets and in politics. The equity markets closed Friday on new all time highs, but since the markets can never go down again that was to be expected. There was the sex scandal involving Jeffery...
