by Tom Ventresca | Apr 28, 2019 | The Scoreboard
Week Ending: 04/25/19 Risk Capital: $20,000 $ Win For Week: $682 $ Loss For Week: -$788 $ Total Profit/Loss For Week: -$106 % Total Profit/Loss For Week: -0.5% Win % For Week: 66.7% Performance Since—-> 01/04/19 YTD Number Of Trades: 83 YTD Number Of Weeks:...
by Tom Ventresca | Apr 28, 2019 | Mr. Seifert Sez
The World’s Greatest Salesman In the 1800’s, we had the world’s greatest salesman and his name was PT Barnum. He sold his product which was the circus better than anyone in the world. Today, we have a new salesman that makes Mr. Barnum look like a piker and he...
by Tom Ventresca | Apr 25, 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 | Apr 22, 2019 | Earnings Trades
Quick Take: Bullish – Earnings Trade Time Frame: Three To Ten Days. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Up. Option Position: Short Expiring ATM +2 Call – Long Deferred ATM Call (Credit...
by Tom Ventresca | Apr 22, 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 | Apr 22, 2019 | The Low Cost Put Hedge
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 | Apr 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 | Apr 22, 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 | Apr 22, 2019 | The Scoreboard
Week Ending: 04/19/19 Risk Capital: $20,000 $ Win For Week: $985 $ Loss For Week: -$20 $ Total Profit/Loss For Week: $965 % Total Profit/Loss For Week: 4.8% Win % For Week: 80.0% Performance Since—-> 01/04/19 YTD Number Of Trades: 77 YTD Number Of Weeks: 16...
by Tom Ventresca | Apr 21, 2019 | Mr. Seifert Sez
Is There No Common Ground? On Thursday, Attorney General William Barr released the much anticipated Mueller report, and as I predicted several weeks ago the report is basically saying that it is inconclusive. It finds areas where it felt that the Russians had...