by Dan Gibby | May 22, 2018 | Master Trader Advisory Letter Past
5/22: XOM – Consider buying June (6/15) $78/84 bull call debit spread for $4.06/share (giving positive time decay). Breakout daily, strong sector. Stop $81.18.
by Dan Gibby | May 22, 2018 | Hold for Review
5/22: RTN – Consider shorting June (6/15) $217.5/222.5 bear call credit spread (24 DTE) for $.62/share. Bear Gap at prior high and d20-MA creating 2x top after rally from climactic buy setup. Stop Loss: $215.02.
by Dan Gibby | May 22, 2018 | Past Weekly Options Letters
5/22: NFLX – Consider shorting May (5/25) $325/315 bull put credit spread (4 DTE) for a limit of $.85/share (closed at $1.12/share). Bullish gap breakout from consolidation above 20/50-MA daily. Stop: $326.32. 5/22: AAPL – Bull flag consolidation...
by Dan Gibby | May 22, 2018 | Master Trader Advisory Letter Past
5/21: TWTR – Over $33.77 (hourly pivot), consider shorting June (6/15) $31/28 bull put credit spread (24 DTE) for a limit of $.35/share ( (closed at $.37/share). Gap and bullish close from consolidation above 20/50-MA. Stop Loss: $31.02. 5/22: NFLX...
by Dan Gibby | May 21, 2018 | Master Trader Advisory Letter Past
5/21: GE – Consider shorting Jul (7/20) $15/12 bull put credit spread for $.43/share (60 DTE). Gap Breakout daily/weekly, Climactic Buy Setup monthly. No Stop Loss since we would not mind owning stock as core trade with improved cost basis.
