by Dan Gibby | Aug 2, 2018 | ETF Past Letters
TRADE ADJUSTMENT ON XOP: 6/25: XOP Trade – Bought the ETF at $43.11. Original Technical Setup: Bullish Gap Breakout from multi-week consolidation above the 20/50-MA (Moving Average) on the daily chart, with a bullish engulfing bar on the weekly chart, and a...
by Dan Gibby | Aug 1, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 8/1: ITA – Consider shorting Aug (8/17) $200/197 bull put credit spread (17 DTE) for current mid-point of $.35/share. Breakout daily/weekly after consolidation from 100% retracement. Stop $201.68.
by Dan Gibby | Aug 1, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 8/1: AAPL – Consider shorting Aug (8/3) $195/190 bull put credit spread (2 DTE) at current mid-point of $.48/share. Pro Gap breakout to all-time highs on earnings daily. Stop Loss: None, roll if closes ITM.
by Dan Gibby | Aug 1, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 8/1: TEAM – Consider shorting Aug (8/17) $70/60 bull put credit spread (17 DTE) for mid-point $.65/share. Pull back from Pro Gap Breakout to all-time highs and reversal bar daily, breakout hourly. Stop $70.49.
by Dan Gibby | Jul 31, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 7/31: GWW – Consider shorting Aug (8/10) $332.5/325 bull put credit spread (10 DTE) for $.80/share. Bullish consolidation and Bottoming Tail from Pro Gap Breakout daily with another +WRB today which will be a closing real body breakout if closes...
