by Dan Gibby | May 16, 2018 | Master Trader Advisory Letter Past
Below is a weekly chart of NIKE, Inc. (NKE). Trade: Consider buying Jul (7/20) $62.5 calls (or long stock is fine if not option trader) for closing price of $9.40/share or better since extended (65 DTE). Technical Setup: Breakout to new highs following...
by Dan Gibby | May 13, 2018 | Past Weekly Options Letters
Looking Forward to Market Action Video [s3mv fileName=’May+Letters+2018/WeeklyTraderVideo.mp4′ fileType=’video’ source=’s3′ width=’800′ height=’450′ splashImage=” preLoad=’Y’...
by Dan Gibby | May 13, 2018 | Master Trader Advisory Letter Past
In last Monday’s letter, I said, “As difficult as it is to believe that this market is going to make a decisive move in a direction, the price action last week is telling us that the markets are going higher. There is no market environment more difficult than this...
by Dan Gibby | May 10, 2018 | Master Trader Advisory Letter Past
5/10: SEDG – Shorting Jun (6/15) $55/50 bull put credit spread for current mid-point of $.70/share (note: higher risk because spready). +WRB Breakout daily and weekly on earnings. Stop: $55.08.
by Dan Gibby | May 9, 2018 | Past Weekly Options Letters
5/4: WYNN – Shorting May (5/18) $187.5/182.5 bull put credit spread for $.65/share. Breakout from consolidation on r20-MA at resistance daily. Stop: $187.98.
