by Dan Gibby | Apr 5, 2018 | Past Weekly Options Letters
4/5: BBY – Consider shorting Apr (4/13) $70/65 bull put credit spread for current mid-point of $.45/share (8 DTE). Bullish +123 continuation from consolidation/support daily. Stop: None now.
by Dan Gibby | Apr 5, 2018 | Past Weekly Options Letters
4/5: FB – Consider shorting Apr (4/6) $155/150 bull put credit spread for $.33/share (1 DTE), income trade with 97% IVR with high fear. Pullback and Bottoming Tail after Bull Gap from 2x bottom on the daily chart. No stop for now.
by Dan Gibby | Apr 5, 2018 | Master Trader Advisory Letter Past
4/5: LFIN – Consider shorting Apr (4/20) $5 naked puts for $.40/share (currently $.40 x .45). Selloff to Major Support all time frames, high volatility income trade. NOTE: don’t know when earnings are, research yourself. Cost basis if assigned is $4.60/share. ...
by Dan Gibby | Apr 5, 2018 | Master Trader Advisory Letter Past
4/5: HAL – Consider buying half lot stock around $47.50 area. Possible breakout from multi-month consolidation on daily/weekly with price void above. Stop: $45.19.
by Dan Gibby | Apr 5, 2018 | Master Trader Advisory Letter Past
4/4: Bought QQQ $158.70. Bullish Gap Engulfing at Major Support and r200-MA. 4/5: Sell $163 calls for $.45/share (expires tomorrow) to convert to covered call and reduce basis to $158.25/share, move Stop $156.62. 4/4: SPY – Bought at $262.45. Bullish Gap...
