by Dan Gibby | Jun 29, 2018 | Master Trader Advisory Letter Past
6/29: CNX – Consider shorting Jul (7/20) $17/15 bull put credit spread for $.24/share. +WRB Breakout all time frames. Move Stop $17.28. NE: also watching core entry per video: ...
by Dan Gibby | Jun 29, 2018 | Past Weekly Options Letters
6/29: INTC – Consider shorting Jul (7/6) $48.5 naked puts for $.30/share (7 DTE). Bullish reversal above r200-MA daily, Master Trader Buy Setup weekly. Stop: None, will roll if needed because of bullish pattern on support (or use $48.49 if want stop).
by Dan Gibby | Jun 28, 2018 | Master Trader Advisory Letter Past
Hello traders, crazy whippy market environment, you think !? Here is a video of new trade recommendations and comments on open positions: HERE ARE OPEN AND RECOMMENDED 6/29: BMY – Consider shorting Jul (7/20) $53/49 bull put...
by Dan Gibby | Jun 28, 2018 | Past Weekly Options Letters
We recently entered a put spread with a tight stop because of the uncertainty of the broader markets. Today, after further weakness, it closed with a beautiful bullish engulfing bar, bouncing off of support. We have more confidence now in a bullish reversal. ...
by Dan Gibby | Jun 28, 2018 | Master Trader Advisory Letter Past
6/28: IYT – Consider shorting Jul (7/20) $176/168 Bull Put Credit Spread for $.70/share (22 DTE). Climactic Buy Setup and Bottoming Tail on Major Support. Stop: None for now since far OTM puts (but if want a stop, use today’s low).
