by Dan Gibby | Aug 17, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bear Call Credit Spread on SPOT based on price action below. 8/17: SPOT – Consider shorting Aug (8/24) $197.5/202.5 bear call credit spread (7 DTE) for current mid-point of $.75/share. Gap under -WRB at major support. Stop...
by Dan Gibby | Aug 17, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on JWN based on price action below. 8/17: JWN – Consider shorting Sep (9/21) $52.5/47.5 bull put credit spread (35 DTE) for $.57/share and can add on pull back. Pro Gap Breakout on earnings all time frames and...
by Dan Gibby | Aug 17, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bullish Option Trade on HAS based on price action below. 8/17: HAS – Over $98.90, consider shorting Aug (8/24) $97 naked puts (7 DTE) for a limit of $.50/share (closed at $.65/share but spready). Bullish consolidation on...
by Dan Gibby | Aug 16, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on XLU based on price action below. 8/16: XLU – Consider shorting Sep (9/21) $53/48 bull put credit spread (36 DTE) for current mid-point of $.44/share (and can add on pull back since hourly extended). +WRB...
by Dan Gibby | Aug 16, 2018 | ETF Past Letters
6/25: XPH Trade – Bought at $44.46. Original Technical Setup: Following a Bullish 2-Bar 180-Reversal after Breakdown Failure on the weekly chart, had a Bullish Engulfing above 20/50-MA after > 100% Retracement and Breakout, plus the monthly chart...
