by Dan Gibby | Jul 6, 2018 | Past Weekly Options Letters
7/6: NFLX – Consider shorting the Jul (7/13) $375/367.5 bull put credit spread for around $.68/share. Breakout from bullish consolidation above r20-MA after Breakdown Failure daily. Stop Loss $379.78.
by Dan Gibby | Jul 3, 2018 | Past Weekly Options Letters
As we predicted because of the bullish sentiment interpretation of the equity put-call ratio becoming too bearish (i.e., the “wrong-way” option traders were fully invested in predicting a market mini-crash), the markets and many stocks put in bullish...
by Dan Gibby | Jul 3, 2018 | Master Trader Advisory Letter Past
7/3: TWTR – Over $45.20, consider buying stock. Bull Flag consolidation into the r20-MA daily, bullish weekly and monthly. Stop: $42.48. 7/3: GLUU – Over $6.53, consider buying stock. Bull Flag consolidation into the r20-MA daily, bullish weekly and monthly. ...
by Dan Gibby | Jul 2, 2018 | Master Trader Advisory Letter Past
7/2: VRSN – Consider shorting Jul (7/20) $135/130 bull put credit spread (18 DTE) for a limit of $.75/share (currently $.75/share but should retrace a bit for better improvement). Bullish consolidation following Bullish move to all-time highs daily. Stop...
by Dan Gibby | Jul 2, 2018 | Master Trader Advisory Letter Past
7/2: DRI – Consider shorting Jul (7/20) $105/100 bull put credit spread (18 DTE) for current mid-point of $.60/share. Bullish consolidation at top range of +WRB after Pro Gap Breakout daily. Stop Loss: $104.98. ALSO, over $$110.04, can buy...