by Dan Gibby | Apr 12, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/12: AAPL – Consider shorting Apr (4/20) $170/165 bull put credit spread (8 DTE) for around current mid-point of $.49/share. Breakout from bullish 4-day consolidation in upper 50% of +WRB engulfing (negating 4/4 bear gap) at Major Support and above r200-MA. ...
by Dan Gibby | Apr 12, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/12: WYNN – Consider shorting Apr (4/20) $177.5/167.5 bull put credit spread for around current mid-point of $.78/share. Bullish +WRB Breakout from multi-week consolidation above 50-MA daily. Stop: $180.20.
by Dan Gibby | Apr 12, 2018 | Past Weekly Options Letters
4/12: GOOGL – Consider shorting Apr (4/13) $1015/1007.50 bull put credit spread for around current mid-point of $.65/share (1.5 DTE). Bullish consolidation/support daily/hourly, income trade. Stop $1015.38.
by Dan Gibby | Apr 12, 2018 | Past Weekly Options Letters
4/12: SPY – Consider Shorted Apr (4/13) $262 naked puts for $.39/share. Stop $262.88.
by Dan Gibby | Apr 12, 2018 | Hold for Review
4/12: CVX – Consider shorting May (5/18) $110/100 bull put credit spread around current mid-point of $.78/share. Breakout from multi-month consolidation at r200-MA daily, bullish sector breakout. Stop Loss $110.48. Earnings 4/27 so beware of risk.