by Dan Gibby | Mar 22, 2018 | Master Trader Advisory Letter Past
3/22: FIVE – Consider shorting Apr (4/20) $65/60 bull put credit spread for a limit of $.60/share current mid-point (29 DTE). Breakout of consolidation on earnings, relative strength to market daily (and big reverse head and shoulders), bullish weekly and monthly. ...
by Dan Gibby | Mar 22, 2018 | Past Weekly Options Letters
3/22: MA – Consider shorting Mar (3/29) $182.5/187.5 bear call credit spread for around current mid-point of $.74/share (8 DTE). Gap down from consolidation daily, Climactic Sell Setup and Topping Tail monthly. No stop for now, will monitor and roll if necessary as...
by Dan Gibby | Mar 21, 2018 | Master Trader Advisory Letter Past
3/21: COP – Consider shorting Apr (4/20) $53/45 bull put credit spread for a limit of $.56/share (currently $.50/share but extended hourly). Breakout of consolidation and Major Support daily and weekly, strong sector. Stop $52.91.
by Dan Gibby | Mar 21, 2018 | Master Trader Advisory Letter Past
3/21: HAL – Consider shorting Apr (4/20) $43.5 naked puts for a limit of $.49/share (currently $.43/share but extended hourly). Breakdown Failure on 200-MA and Major Support daily, Bottoming Tail weekly, strong sector. Stop $44.20.
by Dan Gibby | Mar 21, 2018 | Master Trader Advisory Letter Past
3/21: JWN – Consider shorting Apr (4/20) $50/55 bear call credit spread (31 DTE) for around current $.71/share mid-point. Bear Gap under consolidation and rolling 20/50-MA. Stop Loss: $50.02.