by Dan Gibby | Jun 26, 2018 | ETF Past Letters
6/26: XLU – Consider shorting Jul (7/6) $52/53 bear call credit spread around current mid-point of $.27/share (10 DTE). -WRB into Major Resistance and very extended daily with Topping Tail now if closed here. Huge Return on Capital if expires worthless. Stop: ...
by Dan Gibby | Jun 25, 2018 | Master Trader Advisory Letter Past
7/25: LVS – Consider shorting Jul (7/20) $81/85 bear call credit spread for $.49/share. -WRB Breakdown following Breakout Failure last week. Stop $80.32.
by Dan Gibby | Jun 25, 2018 | Past Weekly Options Letters
6/25: DBX – Over $34.07, consider shorting Jun (6/29) $32/30 bull put credit spread (4.5 DTE) for mid-point but a limit of $.40/share (currently $.45/share and spready so try price improvement over mid-point). Bullish Reversal on Minor Support after Breakout from...
by Dan Gibby | Jun 24, 2018 | ETF Past Letters
We trust you have been enjoying these complimentary copies of Master Trader’s new trading advisory, ETF Investment Trader. It is designed specifically for those wanting to profit from intermediate-term to longer-term trades with a focused group of diverse products...
by Dan Gibby | Jun 24, 2018 | Past Weekly Options Letters
Below is a weekly chart of SPDRÂ S&P Oil & Gas Explor & Prodtn ETF (XOP). Trade: Over $43.10, consider shorting Jun (6/29) $42/39 bull put credit spread (5 DTE) for mid-point but a limit of $.35/share (closed at $.43/share). Technical Setup: ...