by Tom Ventresca | Jun 23, 2019 | Mr. Seifert Sez
Why Is The Fed Cutting Now? On Wednesday the Fed met and decided it was not going to cut rates at this meeting, but the Futures market has a built in 100% chance that there will be a quarter point cut in July. This doesn’t make much sense to me. U.S. equities are at...
by Tom Ventresca | Jun 21, 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 | Jun 21, 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 | Jun 21, 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 | Jun 20, 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 | Jun 17, 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 17, 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 | Jun 17, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 06/14/19 Risk Capital: $20,000 $ Win For Week: $804 $ Loss For Week: -$108 $ Total Profit/Loss For Week: $696 % Total Profit/Loss For Week: 3.5% Win % For Week: 80.0% Average # Trades Per...
by Tom Ventresca | Jun 17, 2019 | Mr. Seifert Sez
Can’t We Get Along? Things got testy again this week with our good friend Iranian President Hassan Rouhani and Mr. Trump sparring over who is causing Oil tankers to blow up in the Strait of Hormuz. According to the President of Iran the problem is being caused...
by Tom Ventresca | Jun 14, 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...
