by Dan Gibby | May 2, 2018 | Master Trader Advisory Letter Past
5/2: FTR – Consider shorting May (5/18) $9/7 bull put credit spread for current mid-point of $.30/share. Bullish gap and +WRB Breakout daily, bullish multi-year consolidation weekly. Stop Loss: $8.09.
by Dan Gibby | May 2, 2018 | Past Weekly Options Letters
5/2: HD – Consider shorting May (5/11) $180/175 bull put credit spread for current mid-point of $.47/share (9 DTE). Bullish pullback into +WRB Breakout daily, bullish multi-year consolidation weekly. Stop Loss: $181.28.
by Dan Gibby | May 1, 2018 | Hold for Review
5/1: INTC – Consider shorting May (5/18) $51/45 bull put credit spread for around current id-point of $.57/share. Pull back to support daily after Pro Gap Breakout daily, bullish uptrend weekly/monthly. No Stop Loss since we would not mind owning stock as core...
by Dan Gibby | May 1, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
NEW TRADE IDEA: 4/17; OXY – Shorting May (5/11) $78.5/81 bear call credit spread for current mid-point of $.37/share (10 DTE). Climactic Sell Setup, Topping Tail, Major Resistance, and breakdown hourly. Stop $78.12.
by Dan Gibby | Apr 29, 2018 | Past Weekly Options Letters
Below is a daily chart of Constellation Brands, Inc. (STZ). Trade: Over $234.38, consider shorting May (5/4) $230/225 bull put credit spread (5 DTE) for a limit of $.50/share (closed at $.57/share). Technical Setup: Bullish Wide Range Bar (+WRB) Breakout on...
