by Dan Gibby | May 8, 2018 | Master Trader Advisory Letter Past
5/8: USG – Over 30-Min. high, consider buying stock. Bullish consolidation Breakout from +WRB Igniting/engulfing to new multi-month highs. Stop Loss: $40.21.
by Dan Gibby | May 7, 2018 | Past Weekly Options Letters
5/7: BIDU – Shorting May (5/11) $247.5/242.5 bull put credit spread for $.60/share (4 DTE). Breakout from last week’s consolidation after Pro Gap earnings breakout, market bullish. Stop Loss $249.19.
by Dan Gibby | May 7, 2018 | Past Weekly Options Letters
5/7: AMZN – Shorting May (5/11) $1540/15200 bull put credit spread for $1.05/share. Breakout from last week’s consolidation after Pro Gap earnings breakout to all-time highs, market bullish. Stop Loss $1545.98. Bu
by Dan Gibby | May 6, 2018 | Master Trader Advisory Letter Past
If you have been to Disney World, you are familiar with the attraction there called “Mr. Toads Wild Ride.” Mr. Schizophrenic did not disappoint last week and sent the markets on its “wild ride.” The plunge lower toward Major Support (MS), reversal higher...
by Dan Gibby | May 6, 2018 | Past Weekly Options Letters
Below is a daily chart of Netflix, Inc. (NFLX). Trade: Over $321.00, short May (5/11) $305/295 bull put credit spread (5 DTE) for a limit of $.65/share (closed at $.73/share). Technical Setup: Bullish consolidation in top half of last week’s Bearish Wide...
