by Dan Gibby | Feb 1, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Facebook, Inc. (FB). Trade: Consider shorting Feb (2/16) $185/175 bull put credit spread (15 DTE) for around $.85/share (currently $.70/share, but extended and want price improvement). Technical Setup: +WRB Breakout daily/weekly,...
by Dan Gibby | Jan 31, 2018 | Past Weekly Options Letters
Below is a daily chart of Lululemon Athletica Inc. (LULU). Trade: Under $77.98, consider shorting Feb (2/9) $80.5/84 bear call credit spread (9 DTE) at mid-point (closed at $.46/share). Technical Setup: Breakdown from rounding top daily, bearish weekly, and...
by Dan Gibby | Jan 31, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Tiffany & Co. (TIF). Trade: Under $106.28, consider shorting Feb (2/16) $110/115 bear call credit spread (16 DTE) for mid-point (closed at $.66/share). Technical Setup: -WRB Breakdown from rounding top daily. Option Strategy: ...
by Dan Gibby | Jan 31, 2018 | Past Weekly Options Letters
Below is a daily chart of American Airlines Group Inc. (AAL). Trade: Consider shorting Feb (2/2) $53 naked puts (2.5 DTE) for current mid-point around $.21/share. Technical Setup: +WRB from selloff to Major Support and r50-MA daily, Time Decay trade for...
by Dan Gibby | Jan 30, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Wynn Resorts, Limited (WYNN). Trade: Consider shorting Feb (2/16) $140/125 bull put credit spread (18 DTE) for around current mid-point of $.70/share. Technical Setup: Climactic Buy Setup on Major Support daily and morning gap...
