by Dan Gibby | Jul 18, 2018 | Past Weekly Options Letters
7/18: FDX – Consider shorting Jul (7/20) $230/225 Bull Put Credit Spread (2 DTE) for around current mid-point of $.48/share. Bullish consolidation daily and breakout hourly, short-term income trade. Stop: $229.88.
by Dan Gibby | Jul 18, 2018 | Master Trader Advisory Letter Past
7/17: BIG – Consider shorting Aug (8/17) $40 puts (30 DTE) for current mid-point of $.55/share. Breakout from bullish consolidation above r20/50-MA after Bullish Shakeout from June gap down negated and > 100% Retracement on the daily chart. Stop Loss:...
by Dan Gibby | Jul 17, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 7/17: SPY – Shorting Jul (7/27) $279/274 Bull Put Credit Spread (10 DTE) for current mid-point $.60/share. Bullish engulfing after bear gap down. Stop $278.40.
by Dan Gibby | Jul 17, 2018 | Past Weekly Options Letters
7/17: LRCX – Consider shorting Jul (7/20) $170/165 Bull Put Credit Spread (3 DTE) for around $.55/share (currently $.42/share but want price improvement with expected retracement in stock and market). Stop Loss: $170.18. 7/17: LULU – Shorted Jul (7/27) $124/118 Bull...
by Dan Gibby | Jul 16, 2018 | Master Trader Advisory Letter Past
7/16: WLL – Consider shorting Jul (7/27) $55/59.5 bear call credit spread (12 DTE) for $.33/share. Gap breakdown daily with weak sector. Stop $55.02.
