by Dan Gibby | Jan 12, 2018 | Past Weekly Options Letters
Below is a daily chart of Twitter, Inc. (TWTR). Trade: Consider shorting Jan (1/19) $24.5 naked Puts (7 DTE) for around current mid-point $.22/share. Technical Setup: Bullish Gap Breakout from multi-week consolidation daily, bullish weekly and monthly....
by Dan Gibby | Jan 12, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Papa John’s International, Inc. (PZZA). Trade: Consider shorting Feb (2/16) $55/50 Bull Put Credit Spread (35 DTE) for current mid-point of $.65/share. Technical Setup: Breakout from multi-month bottoming pattern daily,...
by Dan Gibby | Jan 11, 2018 | Past Weekly Options Letters
Below is a weekly chart of Apache Corporation (APA). Trade: Consider shorting Jan (1/19) $45/41 Bull Put Credit Spread (8 DTE) for around current mid-point of $.45/share (extended intra-day so will get better price if retraces). Technical Setup: Master...
by Dan Gibby | Jan 11, 2018 | Master Trader Advisory Letter Past
Below is a weekly chart of Apache Corporation (APA). Trade: Consider shorting Feb (2/16) $42.5/37.5 Bull Put Credit Spread (36 DTE) around current mid-point of $.64/share (extended intra-day so will get better price if retraces) Technical Setup: Master...
by Dan Gibby | Jan 10, 2018 | Past Weekly Options Letters
Below is a daily chart of Square, Inc. (SQ). Trade: Over $41.20, consider shorting Jan (1/19) $39/36 Bull Put Credit Spread (9 DTE) for mid-point but minimum of $.31/share (currently at $.37/share). Technical Setup: Bullish consolidation and 3 Bottoming...
