by Dan Gibby | Apr 23, 2018 | Mastertrader Market Results
Selling options ahead of earnings should only be done in these circumstances: (a) you don’t mind be assigned the underlying stock (if expires in-the-money at expiration) long or short at the improved cost basis; (b) you are selling calls or puts against existing...
by Dan Gibby | Apr 22, 2018 | Past Weekly Options Letters
The intermediate- to long-term view on equities is that this choppy, schizophrenic market will eventually resolve itself to the upside. Reported earnings are going to pick up considerably this week with names like Google, Amazon, Intel, Starbucks, Ameritrade, Boeing...
by Dan Gibby | Apr 20, 2018 | Master Trader Advisory Letter Past, Options Mastery Course, Past Weekly Options Letters, Ultimate Guide to Trading Volatility ETFs and Options Class
Please enjoy the video bonus lesson below which we prepared in response to the following question from a subscriber (and discussed real-time in our Master Trader Green Room): “Hi Dan, One question what do you think about [shorting] a $25 naked put in BOLD for...
by Dan Gibby | Apr 20, 2018 | Past Weekly Options Letters
4/20: SNAP – Consider shorting Apr (4/27) $14.5/13 bull put credit spread for $.13/share. Breakout from consolidation daily and hourly. Stop $14.50.
by Dan Gibby | Apr 18, 2018 | Master Trader Advisory Letter Past
4/18: MU – Over $53.91, consider buying $48/56 bull call debit spread (9 DTE) at mid-point (currently $5.30/share) for swing trade. Bullish engulfing after gap down at r50-MA daily, bullish weekly. Stop $50.67. Note: Buying stock is fine too if don’t trade...