by Dan Gibby | May 4, 2018 | Master Trader Advisory Letter Past
5/4: RGR – Consider shorting Jun (6/15) $47.5/40 bull put credit spread for current mid-point of $.40/share (42 DTE). Bullish breakout daily and weekly with price void above. Note: earnings 5/8 but we intend on holding though because far OTM strikes and bullish...
by Dan Gibby | May 4, 2018 | Past Weekly Options Letters
5/4: GOOGL – Shorting May (5/11) $1015/990 bull put credit spread for around $1.20/share (7 DTE). +WRB engulfing Breakout from Major Support and at r200-MA daily with bullish market. Stop Loss $1018.04.
by Dan Gibby | May 4, 2018 | Past Weekly Options Letters
5/4: LRCX – Consider shorting May (5/11) $185/175 bull put credit spread for $.65/share. Breakout from consolidation at r200-MA daily. Stop Loss $185.38.
by Dan Gibby | May 4, 2018 | Master Trader Advisory Letter Past
5/4: INTU – Consider shorting half lot of May (5/18) $185/175 bull put credit spread for around current mid-point of $1.25/share (add into the close as long as above $188). Bullish breakout from consolidation to all-time highs on daily, bullish weekly/monthly,...
by Dan Gibby | May 2, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
5/2: CAT – Consider shorting May (5/11) $141/136 bull put credit spread for around current mid-point of $.55/share (9 DTE). Bullish 2 BT retest on daily and r200-MA daily, Major Support weekly, bullish monthly. Stop Loss: $140.29.