by Tom Ventresca | Oct 23, 2021 | Mr. Seifert Sez
Stocks Surge To Record Highs CNBC has revised their Option Action show which is aired every weekday night at 5:30. They have really beefed up the Friday show to the point that we think it is one of the best option oriented shows on the air. Check it out. The following...
by Tom Ventresca | Oct 23, 2021 | The Scoreboard
Last Week’s Results Traders Plays: Risk Capital: $14,000 ($3,500 Per Strategy) Week Ending: 10/22/21 Total Dollar Profit/Loss For Week: -$38 % Total Profit/Loss For Week: -0.3% % Winning Trades For Week: 75.0% Performance Since: 07/12/19 S&P 500 %...
by Tom Ventresca | Oct 19, 2021 | 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 | Oct 18, 2021 | Bull/Bear Spreads
Quick Take: Bullish Put Credit Spread Trade Short weekly expiring ATM put, long weekly expiring ATM -2 put. Time Frame: One Week. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position:...
by Tom Ventresca | Oct 18, 2021 | Billionaire Trade
Quick Take: The Bullish – Billionaire, Risk Reversal Strategy Holding Period: One to twelve weeks. Stock: Bullish Market Edge Opinion – No stock position. Option Positions: Two separate transactions. 1) Combo Trade: Long a 75–90 day ATM call, short a 75–90 day ATM put...
by Tom Ventresca | Oct 17, 2021 | The Scoreboard
Last Week’s Results Traders Plays: Risk Capital: $14,000 ($3,500 Per Strategy) Week Ending: 10/15/21 Total Dollar Profit/Loss For Week: $233 % Total Profit/Loss For Week: 1.7% % Winning Trades For Week: 83.3% Performance Since: 07/12/19 S&P 500 %...
by Tom Ventresca | Oct 17, 2021 | Mr. Seifert Sez
Stocks Rally on Strong Earnings CNBC has revised their Option Action show which is aired every weekday night at 5:30. They have really beefed up the Friday show to the point that we think it is one of the best option oriented shows on the air. Check it out. The...
by Tom Ventresca | Oct 14, 2021 | 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 | Oct 11, 2021 | Bull/Bear Spreads
Quick Take: Bullish Put Credit Spread Trade Short weekly expiring ATM put, long weekly expiring ATM -2 put. Time Frame: One Week. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position:...
by Tom Ventresca | Oct 11, 2021 | 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...