by Dan Gibby | Jun 13, 2018 | Master Trader Advisory Letter Past
6/13: ITA – Shorting Jul (7/22) $205/210 bear call credit spread for around current mid-point of $1.20/share (37 DTE). Bearish engulfing at Major Resistance weekly. Stop: $205.02.
by Dan Gibby | Jun 13, 2018 | Past Weekly Options Letters
6/13: KSS – Shorting Jun (6/22) $80/85 bear call credit spread for a limit of $.45/share (current mid-point is $.40/share but we want improvement on bounce) (9 DTE). Climactic Sell Setup and Topping Tail after Breakout Failure. Stop: $79.93. ...
by Dan Gibby | Jun 13, 2018 | Past Weekly Options Letters
6/13: NVDA – Shorting Jun (6/15) $260/255 bull put credit spread for $.52/share (2.5 DTE). QQQ/SMH breaking out and NVDA breaking out hourly with bullish consolidation daily and weekly. Stop $260.08.
by Dan Gibby | Jun 13, 2018 | Master Trader Advisory Letter Past
6/13: DIS – Shorted Jul (7/20) $100/75 bull put credit spread for $.75/share (37 DTE) (extended intra-day so might get price improvement). Bullish +WRB Engulfing from a bear gap down. Stop: $102.66.
by Dan Gibby | Jun 12, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
RH – We will be watching for bearish stock and option trades in the Green Room and advise. LE – Pre-market Breakout on monthly chart with Price Void above; however, weekly is extended so we will be watching on a pull back. ...