by Dan Gibby | Mar 9, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEAS: 3/9: FTI – Consider shorting Apr (4/20) $28/25 bull put credit spread around current $.35/share mid-point. Breakout from big 2x bottom at 200-MA daily, bullish engulfing on weekly, sector bottoming. Stop $28.18. 3/9: NOV – Consider shorting Apr...
by Dan Gibby | Mar 8, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of CommScope Holding Company, Inc. (COMM). Trade: Over $40.45, consider shorting Apr (4/20) $39/35 bull put credit spread (43 DTE) for around closing mid-point of $.60/share. Technical Setup: Breakout all time frames. Option...
by Dan Gibby | Mar 8, 2018 | Master Trader Advisory Letter Past
3/8: SRE – Consider shorting Apr (4/20) $105/100 bull put spread for around current mid-point of $.75/share. Breakout from multi-week rounding bottom after Bottoming Tail (Shakeout) above 20/50-MA. Stop $105.78.
by Dan Gibby | Mar 6, 2018 | Master Trader Advisory Letter Past
3/6: UPS – Consider shorting Apr (4/20) $100/95 bull put credit spread (45 DTE) at current mid-point of $.60/share. Bullish gap from consolidation after Climactic Buy Setup daily, oversold weekly and monthly on major support. If trades under $104.90, then...
by Dan Gibby | Mar 5, 2018 | Hold for Review
3/5: RIOT – Over $10.75, consider shorting Mar (3/9) $10 naked puts (5 DTE) for a limit of $.30/share (currently $.35/share). Consolidation on r200-MA and Major Support daily. Stop Loss: $9.88.
