by Dan Gibby | Sep 17, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bear Call Credit Spread on BABA based on price action below. 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...
by Dan Gibby | Sep 16, 2018 | ETF Past Letters
Interesting week in the markets! We got our bullish turn on the daily charts as expected and the broader markets closed strong, suggesting continued strength as long as they don’t gap down or retrace significantly. DIA, SPY and QQQ closed the most bullish (in that...
by Dan Gibby | Sep 16, 2018 | Past Weekly Options Letters
100% Closing Rate on Last Week’s 6 Credit Spreads See video below in Open and Closed Trades (which includes lesson on the UTX Iron Condor) NEW OPTION TRADING IDEAS Below is a daily chart of SPDR S&P 500 ETF (SPY). Trade: Over...
by Dan Gibby | Sep 16, 2018 | Master Trader Advisory Letter Past
In last Monday’s letter, I was expecting the broader markets to take a stand, hold their current support levels, and move up early in the week. The prior week, prices had moved lower and closed near the lows of that week. That created a red candle (close below the...
by Dan Gibby | Sep 14, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread Idea on ITW based on price action below. 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...