by Dan Gibby | Mar 26, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
3/26: FB – Consider shorting half lot of Mar (3/29) $135/125 bull put credit spread for a limit of $1.00/share (currently $.48/share so won’t hit unless FB falls another $5+ or so), income trade with 100% IVR, Major Support in $148-150 area on the daily...
by Dan Gibby | Mar 26, 2018 | Master Trader Advisory Letter Past
3/26: LOW – Consider shorting Apr (4/20) $84/79 bull put spread around current mid-point of $.48/share. Pro Gap following Breakdown Failure with major support below now. Stop $83.73.
by Dan Gibby | Mar 26, 2018 | Past Weekly Options Letters
3/26: AAPL – Over 30-Min. high, consider shorting Mar (3/29) $165/160 bull put credit spread for mid-point (currently $.59/share). Bull Gap Surprise from 9-day selloff to r200-MA. Stop Loss: $164.93. Bullish gap in market indices, but we are being patient...
by Dan Gibby | Mar 25, 2018 | Past Weekly Options Letters
The broader markets got clobbered last week and still look lower — although we believe that we are relatively close to a tradable turn. We did not find what we view as quality setups — long or short; thus, we are waiting for a bullish reversal to sell...
by Dan Gibby | Mar 22, 2018 | Hold for Review
3/22: BA – Consider shorting Mar (3/23) $340/350 bear call credit spread (8 DTE) around current mid-point of $.74/share. Bear gap breakdown daily, Climactic monthly. Stop Loss: $341.92.
