by Tom Ventresca | Jun 3, 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 | Jun 3, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 05/31/19 Risk Capital: $20,000 $ Win For Week: $132 $ Loss For Week: -$1,066 $ Total Profit/Loss For Week: -$934 % Total Profit/Loss For Week: -4.7% Win % For Week: 50.0% Average # Trades Per Week: 5 Performance Since...
by Tom Ventresca | Jun 2, 2019 | Mr. Seifert Sez
Has The Big Bull Finally Hit The Wall? On Friday March 9, 2009 I was playing golf with my brother on the Merit course in Palm Springs California when I got a call from my trading partner. He said that the DJIA had turned around and rallied over 300 points in the...
by Tom Ventresca | May 31, 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 | May 31, 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 | May 31, 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 | May 28, 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 | May 28, 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 | May 26, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 05/24/19 Risk Capital: $20,000 $ Win For Week: $574 $ Loss For Week: -$359 $ Total Profit/Loss For Week: $215 % Total Profit/Loss For Week: 1.1% Win % For Week: 80.0% Average # Trades Per Week: 5 Performance Since Week...
by Tom Ventresca | May 26, 2019 | Mr. Seifert Sez
Crazy Nancy And The Stable Genius! Weeks ago, I wrote that the Mueller report wasn’t the end of the war, it was the beginning. The Mueller report was a weak, spineless review of what happened in the 2016 election. It was a deliberate attempt to keep throwing gas...
