by Dan Gibby | Oct 4, 2018 | ETF Past Letters
OPEN ETF POSITIONS WITH TRADE UPDATES 9/18: DIA Trade: Bought the ETF at $262.48. Technical Setup: Bullish 2-day consolidation and Bottoming Tail after Breakout daily, weekly is also a Bullish 3-week consolidation and Bottoming Tail after breakout, bullish...
by Dan Gibby | Oct 4, 2018 | Master Trader Advisory Letter Past
ADJUSTMENT: 10/2: LLY – Bought stock at $107.76. 10/3: Sold 1/3 at $109.35. 10/4: Sell 1/3 (or all) into PRE-MARKET GAP at $113.00 for nice $5.24/share gain. We will try to squeeze a little more out at the open if continues to $114+ range, move Stop Loss...
by Dan Gibby | Oct 3, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Long Stock Idea on PRSP 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. 10/3: PRSP – Consider buying stock...
by Dan Gibby | Oct 3, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 10/3: ROK – Over $190.00, consider shorting Oct (10/19) $185/175 bull put credit spread (16 DTE) for a limit of $1.05/share (closed at $1.05/share). Bullish engulfing 3-day reversal on r20-MA daily, strong sector. Stop Loss $186.48....
by Dan Gibby | Oct 2, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: Bear Call Credit Spread Idea on BIDU 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. 10/2: BIDU – Consider...