by Dan Gibby | Aug 20, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on TSLA based on price action below. 8/20: TSLA – Consider shorting Aug (8/24) $275/265 bull put credit spread for around current mid-point of $1.03/share. +WRB after -Gap to Major Support. Stop Loss...
by Dan Gibby | Aug 19, 2018 | Hold for Review
Money Management Considerations When Selling Option Credit Spreads for IncomeDan Gibby, Chief Options Strategist, MasterTrader.com Before trading, read below and watch the below videos. This will show you how to approach trading credit spreads like a Master...
by Dan Gibby | Aug 19, 2018 | Past Weekly Options Letters
With the market volatility and conflicting signals, it is tough to find high-probability setups now with sufficient premium to make the risk acceptable. Thus, we are making no new trade recommendations until we see how the market opens and trades in the morning...
by Dan Gibby | Aug 19, 2018 | Master Trader Advisory Letter Past
Based on the trend and the price action at the beginning of August, I wrote in the August 6th letter: “The S&P 500 negated that bearish wide range bar by retracing back to the top of it. That strength — and the fact that it is still in an uptrend in all time...
by Dan Gibby | Aug 19, 2018 | ETF Past Letters
Trade war news (again) and lately the tariffs on Turkey sent numerous markets and currencies around the world significantly lower. However, by week’s end, the DIA, SPY, and IWM closed with weekly bottoming tails, which are bullish. That rally negated the whole...
