by Dan Gibby | Oct 29, 2018 | Master Trader Advisory Letter Past
New Bull Put Credit Spread Idea on PLCE 10-29-18 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: 10/29: PLCE...
by Dan Gibby | Oct 28, 2018 | ETF Past Letters
Last week we said since there is always the possibility of some crazy move to occur, one scenario would be that prices do not reverse after moving to the prior swing low. Because there is a Void of support below that prior swing low, it opens up the possibility of a...
by Dan Gibby | Oct 28, 2018 | Past Weekly Options Letters
Below is a daily chart of American Airlines Group Inc. (AAL). Trade: Over $33.01, consider shorting Nov (11/2) $31/27 bull put credit spread (5 DTE) for mid-point but limit of $.35/share (closed at $.42/share). Technical Setup: Bullish W-Bottom after...
by Dan Gibby | Oct 28, 2018 | Master Trader Advisory Letter Past
In last week’s Monday letter, I wrote about possible scenarios for the markets. The retest and reversal scenario set up I believed was the most likely, but it did not give a confirmation signaled by trading above the prior day’s high. For the least likely scenario, I...
by Dan Gibby | Oct 26, 2018 | Master Trader Advisory Letter Past
New Bull Put Credit Spread Idea on DOCU 10-26-18 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: 10/26: DOCU –...
