by Tom Ventresca | Feb 28, 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 | Feb 25, 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 | Feb 25, 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 | Feb 25, 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 | Feb 25, 2019 | 21st Century Covered Calls
This Week’s 21st Century Covered Call Selections There is one new selections this week: LULU Market Edge Opinion: The current technical condition for LULU is strong and the chart pattern suggests that upward momentum should continue. The stock has outperformed the...
by Tom Ventresca | Feb 24, 2019 | Mr. Seifert Sez
Another Example Of Selling Naked Options On Thursday, Deutsche Bank AG, the largest German Bank revealed details of a losing trade that was one of the biggest bets gone bad in the banking world in the past ten years. The trade was a whopper, around $1.6 billion or...
by Tom Ventresca | Feb 24, 2019 | The Scoreboard
Last Week’s Results: Short-Term Trades Week Ending: 02/22/19 Risk Capital: $20,000 $ Win For Week: $317 $ Loss For Week: -$258 $ Profit/Loss For Week: $59 % Profit/Loss For Week: 0.3% Win % For Week: 50.0% Performance Since—-> 01/04/19 S&P 500 %...
by Tom Ventresca | Feb 19, 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 | Feb 19, 2019 | 21st Century Covered Calls
This Week’s 21st Century Covered Call Selections There is one new selections this week: JPM Market Edge Opinion: The technical condition of JPM is improving. Some of the indicators have turned positive suggesting that a bottom in the stock price has likely occurred....
by Tom Ventresca | Feb 19, 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...