by Dan Gibby | Jan 26, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Intel Corporation (INTC). Trade: Consider shorting Feb (2/16) $48/42 bull put credit spread (21 DTE) for around current mid-point of $.72/share. Technical Setup: Pro Gap Breakout on earnings daily, Bullish Breakout weekly and...
by Dan Gibby | Jan 25, 2018 | Past Weekly Options Letters
Adjustments and Comments on Weekly Option Trades 1/23: FCX – Shorted Jan (1/26) $20/22 bear call credit spread for $.26/share. Stop Loss: $20.22. 1/24: Negated gap down with BT, sell Jan (1/26) $19.5/17 bull put credit spread around current mid-point of...
by Dan Gibby | Jan 24, 2018 | Past Weekly Options Letters
Below is a daily chart of PowerShares QQQ ETF (QQQ). Trade: Under $169.29, consider shorting Jan (1/26) $170/173 bear call credit spread (2.5 DTE) at mid-point (currently $.62/share). Technical Setup: Extended all time frames and market internals getting more...
by Dan Gibby | Jan 24, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of PowerShares QQQ ETF (QQQ). Trade: Under $169.29, consider buying Feb (2/16) $176 puts (23 DTE, with .85 directional Delta) at mid-point for a swing trade. Technical Setup: Extended all time frames and market internals getting more...
by Dan Gibby | Jan 24, 2018 | Past Weekly Options Letters
Below is a daily chart of Riot Blockchain, Inc. (RIOT). Trade: Over $21.00, consider shorting Feb (2/2) $17/14 bull put credit spread (10 DTE) for mid-point (closed at $.45/share). Technical Setup: Stabilization on r50-MA daily, Breakout hourly, Master Trader Buy...
