by Dan Gibby | Nov 4, 2018 | Master Trader Advisory Letter Past
In last week’s Monday letter, we were looking for prices to move lower unless they could trade above the prior day’s high. Well, they did that first thing Monday morning, gapping up from the prior Friday’s close, and then moved above that high. Once prices entered the...
by Dan Gibby | Nov 4, 2018 | ETF Past Letters
We are in information collection mode now. The broader markets are in a bit of a precarious situation here. At the moment, the odds favor an attempt to hold the recent low on a retracement and a continued attempt to try and move higher. That being said, there are...
by Dan Gibby | Nov 4, 2018 | Past Weekly Options Letters
Below is a daily chart of The Kroger Co. (KR). Trade: Over $30.20, consider shorting Nov (11/9) $29.5/26.5 bull put credit spread (5 DTE) for mid-point but limit of $.23/share (closed at $.26/share). Technical Setup: Bullish engulfing after pull back...
by Dan Gibby | Nov 2, 2018 | Past Weekly Options Letters
Bear Call Credit Spread Income Idea on QQQ 11-2-18 Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. NEW TRADE IDEA: 11/2: QQQ –...
by Dan Gibby | Nov 1, 2018 | Master Trader Advisory Letter Past
New Long Stock Idea on SFIX 11-1-18 Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. NEW TRADE IDEA: 11/1: SFIX – Over...
