by Dan Gibby | Jun 11, 2018 | Master Trader Advisory Letter Past
6/11: UAL – Shorting Jul (7/13) $69/63 bull put credit spread for current mid-point of $.69/share (32 DTE). Gap Breakout from Major Support daily with strong transports. Stop Loss: $68.91. NOTE: We are watching BXC on pull back for long...
by Dan Gibby | Jun 10, 2018 | Master Trader Advisory Letter Past
Last week, wasn’t a huge bullish move higher, but it did a lot to improve the technical outlook in many charts that were lagging. The sectors that we had anticipated to lead a move higher in the letter a couple weeks ago continue to move up, but the momentum certainly...
by Dan Gibby | Jun 10, 2018 | Past Weekly Options Letters
Below is a daily chart of The Travelers Companies, Inc. (TRV). Trade: Over $131.64 consider shorting Jun (6/15) $130/125 bull put credit spread (5 DTE) for mid-point but a limit of $.45/share (closed at $.50/share). Technical Setup: Breakout from...
by Dan Gibby | Jun 8, 2018 | Master Trader Advisory Letter Past
6/8: XPO – Shorted Jul (7/20) $105/95 bull put credit spread for $1.40/share (42 DTE). Breakout daily/weekly, bullish monthly. Stop $105.56.
by Dan Gibby | Jun 7, 2018 | Master Trader Advisory Letter Past, Options Mastery Course, Past Weekly Options Letters
Please enjoy this brief video lesson on how we used the charts and option pricing to convert an Advisory Letter Bear Call Credit Spread on RTN into an Iron Condor when it strengthened to make it a very profitable trade. Thank...