by Dan Gibby | Aug 31, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on TMUS based on price action below. 8/31: TMUS – Over $66.50, consider shorting Sep (9/21) $65/60 bull put credit spread (21 DTE) for mid-point but a limit of $.60/share (currently $.70/share). Bullish...
by Dan Gibby | Aug 31, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Master Trader Long Stock on CMCSA based on price action below. 8/31: CMCSA – Bought stock at $36.91. Secondary Breakout after Bullish Wide Range Bar (+WRB) Breakout on 8/24 daily with price void above on daily and weekly charts. Stop...
by Dan Gibby | Aug 31, 2018 | Master Trader Advisory Letter Past
New Master Trader Long Stock on SMTC based on price action below. Below is a daily chart of Semtech Corporation (SMTC). Trade: Over $58.00, consider buying stock. Technical Setup: Master Trader Pro Gap Bullish Wide Range Bar (+WRB) Breakout on +Vol....
by Dan Gibby | Aug 31, 2018 | Master Trader Advisory Letter Past
Shares of Ciena Corp. (CIEN) were up huge yesterday after the company reported substantial sales and profit increases in its fiscal third quarter and said it is on track to meet three-year financial targets. Look at this monthly chart: CIEN topped out at a...
by Dan Gibby | Aug 30, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on AMGN based on price action below. 8/30: AMGN – Consider shorting Sep (9/7) $197.5/192.5 bull put credit spread (8 DTE) for $.50/share or better (current mid-point is $.55/share). Stop Loss $197.50. FYI...