by Dan Gibby | Apr 10, 2018 | Master Trader Advisory Letter Past
4/10: XLE – Consider buying half lot XLE (oil ETF) around current prices of $69.70/share, and other half lot if closes strong. Bullish multi-month consolidation/support daily/weekly and Breakdown Failure. Stop $66.45.
by Dan Gibby | Apr 10, 2018 | Past Weekly Options Letters
4/10: SPY – Consider shorting Apr (4/11) $260/255 bull put credit spread for mid-point $.42/share (1 DTE). +Gap hourly followed by buy setup 15-min. chart, 1 day income trade. Stop $260.53. 15-Min. chart.
by Dan Gibby | Apr 10, 2018 | Hold for Review, Past Weekly Options Letters
4/10: DHI – Over $45.85, consider shorting Apr (4/13) $45 naked puts for mid-point but a limit of limit of $.33 x .41). Pull back into Bullish Wide Range Bar (+WRB) Breakout after 2x Bottom at r200-MA daily. Stop Loss: None, roll to next week if expire ITM....
by Dan Gibby | Apr 9, 2018 | Master Trader Advisory Letter Past
Income Trade: 4/9: SPY – Shorted Apr (4/20) $255/245 bull put spread for $.75/share (11 DTE). Stop $256.59. Directional: 4/9: SPY – Consider buying May (5/18) $250 calls and selling Apr (4/20) $270 calls for a net debit of $15.90/share (Bull Call Diagonal)....
by Dan Gibby | Apr 9, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/9: QQQ – Over 30-Min. high, consider shorting Apr (4/13) $153/148 bull put credit spread 95 DTE) for mid-point (currently $.45/share, but can also do for limit of $.49/share on pull back). Bullish Gap into -WRB at Major Support and above r200-MA. Stop...
