by Tom Ventresca | Dec 2, 2018 | Mr. Seifert Sez
George H. W. Bush 1924-2018 In my opinion, the last great leader from the WW II era passed away on Friday night. President Bush has suffered from numerous aliments for the past ten years, so it was not a shock that he finally died in a Houston last week. He definitely...
by Tom Ventresca | Dec 2, 2018 | The Scoreboard
Last Week’s Scoreboard: Short-Term Trades Risk Capital: $20,000 Week $ Win: $536 Week $ Loss: -$583 Week $ Profit/Loss: -$47 Week % Profit/Loss: -0.2% Annualized % Profit/Loss: -1.1% Week – Win %: 50.0% Bullish Trades Bearish Trades Blow Off Bottoms-Bullish...
by Tom Ventresca | Nov 29, 2018 | 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 | Nov 26, 2018 | The Scoreboard
Last Week’s Scoreboard: Short-Term Trades Risk Capital: $20,000 Week $ Win: $272 Week $ Loss: -$875 Week $ Profit/Loss: -$603 Week % Profit/Loss: -3.0% Annualized % Profit/Loss: 5.5% Week – Win %: 40.0% Bullish Trades Bearish Trades Blow Off Bottoms-Bullish...
by Tom Ventresca | Nov 26, 2018 | 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 | Nov 26, 2018 | 21st Century Covered Calls
Quick Take: 21st Century Covered Call Strategy Time Frame: One to Four Weeks. Stock: Bullish Market Edge Opinion – Long Stock position. Desired Stock Price Direction: Sideways to Up. Option Position: Short ATM +1 Call – Long ATM +2 Call (Credit Spread). Maximum...
by Tom Ventresca | Nov 26, 2018 | 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 | Nov 26, 2018 | 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 | Nov 25, 2018 | Mr. Seifert Sez
Greed Claims Another Suit One of the most respected names in the auto industry, Carlos Goshen, the 64-year-old automotive genius was arrested after a whistle blower told Nissen Motors that Mr. Goshen had forgoten to pay taxes on a substantial portion of his income....
by Tom Ventresca | Nov 21, 2018 | 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....