Hello Traders,
We strive to give you the very best trade ideas – both based on setups after the market close, plus intra-day.
Intra-day, however, things happen quickly.
The quickest way for you to receive our valued alerts on new trades – plus trade updates – is to sign up for text service (see below).
Look at all these new trade alerts/adjustments we sent today to our Weekly Options Trader subscribers (please add it to your subscription for only $19/month!):
11/7: ADBE – Consider shorting Nov (11/16) $235/225 bull put credit spread (9 DTE) at current mid-point of $.50/share. +WRB from consolidation above r200-MA daily. Stop Loss: $236.88.
11/7: CRM – Shorted Nov (11/16) $134/120 bull put credit spread for $.67/share. Stop Loss: $134.88.
11/7: EOG – Shorted Nov (11/16) $105/100 bull put credit spread for $.58/share. +Gap form bullish W-Formation daily. Stop Loss: $105.43 for now.
11/7: IWM – Shorted Nov (11/16) $152/142 bull put credit spread for $.90/share. Gap from bullish 3-day consolidation with loose resistance to left on daily, bullish reversal from Major Support weekly. Stop Loss: $152.28.
11/7: IWM – Shorted Nov (11/9) $153 naked puts for $.55/share. Gap from bullish 3-day consolidation with loose resistance to left on daily, bullish reversal from Major Support weekly. Stop Loss: $152.58.
11/7: ROST – Shorted Nov (11/16) $97.5/92.5 bull put credit spread for $.35/share. Stop Loss: $97.64.
11/7: V – Shorted Nov (11/16) $138/130 bull put credit spread for $.40/share. Gap Breakout from multi-week trading range above r200-MA daily. Stop Loss: $137.98.
We are going to phase out sending new trade alerts via e-mail because it is time-consuming. Please advise if you have a major objection to that.
Here are the instructions for text download:
Market Edge Advisory Letter Subscriber:
Please download the app on your phone and/or desktop as this is the best way to receive timely alerts. Although our Open Trade Spreadsheet is always current, we don’t email trade updates, just new trade ideas.
You can read about the product at https://telegram.org/
Once downloaded, just click the following link to get access to the “MasterTrader Advisory” Group: https://t.me/joinchat/AAAAAFKQ2ah22Wa1SXU20A
Kindly e-mail dan@mastertrader.com with any questions on the text service or trade alerts.
Thank you.
