by Dan Gibby | Jul 12, 2018 | Master Trader Advisory Letter Past
We didn’t make any new trade recommendations yesterday because of the mixed/weak markets; however, we built a nice watch list, waiting further information (see yesterday’s Chart of the Week). Today all major market index ETFs have bullish gaps but DIA,...
by Dan Gibby | Jul 12, 2018 | Past Weekly Options Letters
We didn’t make any new trade recommendations yesterday because of the mixed/weak markets; however, we built a nice watch list, waiting further information (see yesterday’s Chart of the Week). Today all major market index ETFs have bullish gaps but DIA,...
by Dan Gibby | Jul 10, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 7/10: DIS – Over $106.07, consider shorting Jul (7/27) $103/100 bull put credit spread for around closing mid-point of $.47/share (17 DTE). Breakout from bullish consolidation on r200-MA daily, Master Trader Buy Setup weekly. Stop Loss: $103.38....
by Dan Gibby | Jul 9, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Once we are in a trade, we are in trade management mode. When selling options/spreads, the Max Gain is the premium received. So how do you know how much profit to book while the stock is performing as intended? Here are some general guidelines that we teach in...
by Dan Gibby | Jul 9, 2018 | Master Trader Advisory Letter Past
7/9: BA – Consider shorting Jul (7/20) $327.5/322.5 bull put credit spread for $.50/share (11 DTE). Breakout from consolidation on Support area. Stop $328.88. NOTE: Also watching ACN for a directional into close, will advise. ...
