by Tom Ventresca | Mar 11, 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 | Mar 10, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 03/08/19 Risk Capital: $20,000 $ Win For Week: $1,496 $ Loss For Week: -$467 $ Profit/Loss For Week: $1,029 % Profit/Loss For Week: 5.1% Win % For Week: 66.7% Performance Since—-> 01/04/19 Number Of Trades: 47...
by Tom Ventresca | Mar 10, 2019 | Mr. Seifert Sez
Can The Markets Handle Hiring Slows? On Friday the U.S. labor department released the monthly jobs numbers and most felt that they were a mixed bag. March has seen the slowest equity returns of any March in almost ten years. That could be because the...
by Tom Ventresca | Mar 7, 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 | Mar 4, 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 | Mar 4, 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 | Mar 4, 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 | Mar 4, 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 | Mar 3, 2019 | Mr. Seifert Sez
Even The Big Guys Can Stumble On Monday, the Wall Street Journal revealed that even the big guys can stumble. In this case it was Warren Buffett of Berkshire Hathaway. His purchase of Kraft Heinz Co. was a classic Warren Buffet play. A business that was easy...
by Tom Ventresca | Mar 3, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 03/03/19 Risk Capital: $20,000 $ Win For Week: $575 $ Loss For Week: -$320 $ Profit/Loss For Week: $255 % Profit/Loss For Week: 1.3% Win % For Week: 80.0% Performance Since—-> 01/04/19 Number Of Trades: 41 S&P...