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...
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)...
