by Dan Gibby | Jun 20, 2018 | Master Trader Advisory Letter Past
6/20: CWH – Consider buying stock over at $26.21. Bullish gap from consolidation above 20MA daily, bullish bottom weekly and monthly. Stop Loss: $23.74. NOTE: Can also sell OTM put spread if like.
by Dan Gibby | Jun 20, 2018 | ETF Past Letters
Below is a monthly chart of SPDRÂ S&P Biotech ETF (XBI). Trade: Over $99.08, consider buying the ETF. Technical Setup: Breakout to all-time highs from bullish consolidation, great relative strength to market. Stop Loss: $94.88. OPEN ETF...
by Dan Gibby | Jun 20, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of SPDRÂ S&P Biotech ETF (XBI). Trade #1: Over $99.08, consider buying Jul (7/20) $92 calls (30 DTE) and selling Jun (6/29) $101 calls (9 DTE) for mid-point but a limit of $7.15/share (closed at $7.07/share). Option Strategy: ...
by Dan Gibby | Jun 20, 2018 | Past Weekly Options Letters
Our two new trade recommendations from the weekend Letter were invalid so we are actually flat now. The markets were overbought and choppy, and we successfully — and properly — closed all credit spread trades last week at nice profits! We will find more...
by Dan Gibby | Jun 17, 2018 | Past Weekly Options Letters
Below is a weekly chart of Spotify Technology S.A. (SPOT). Trade: Over $177.00, consider selling Jun (6/22) $167.5/160 bull put credit spread (5 DTE) for mid-point but limit of $.60/share (closed at $.75/share). Technical Setup: Inside day after +WRB Breakout...
