by Dan Gibby | Mar 15, 2018 | Past Weekly Options Letters
3/15: AMZN – Consider shorting Mar (3/16) $1615/1630 bear call credit spread (2 DTE) around current mid-point of $1.00/share. Breakdown from extended hourly chart. Stop Loss: $1607.12.
by Dan Gibby | Mar 15, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
We will be monitoring for bullish stock and option trades and will advise. MasterTrader and You Building Your Financial Future Together Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby...
by Dan Gibby | Mar 13, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Best Buy Co., Inc. (BBY). Trade: Provided it opens below $72.00, under 5-Min. low consider shorting Apr (4/20) $77.5/82.5 bear call credit spread (38 DTE) for a $.50/share (closed at $.52/share). Technical Setup: Breakdown following...
by Dan Gibby | Mar 13, 2018 | Past Weekly Options Letters
Below is a daily chart of Facebook, Inc. (FB). Trade: Provided it opens below $183.50, under 5-Min. low consider shorting Mar (3/23) $187.5/192.5 bear call credit spread (10 DTE) for a limit of $.60/share (closed at $.63/share). Technical Setup: Bearish -WRB...
by Dan Gibby | Mar 13, 2018 | Master Trader Advisory Letter Past
3/13: XRX – Consider shorting Apr (4/20) $30 naked puts for $.50/share. +WRB from consolidation daily/weekly, 79% IV Rank. Stop $29.78.