by Dan Gibby | Jan 5, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Roku, Inc. (ROKU). Trade: Consider shorting Jan (1/19) $53/57 bear call credit spread (14 DTE) for around current mid-point of $.45/share. Technical Setup: Bearish Pro Gap under Major Support daily, Climactic Sell Setup,...
by Dan Gibby | Jan 3, 2018 | Past Weekly Options Letters
With the VIX (CBOE Volatility Index) closing at all-time lows, it is making it more difficult for us to find compelling short-term option selling candidates. But rest assured we are looking! Below is a daily chart of Overstock.com, Inc. (OSTK). Below are some...
by Dan Gibby | Jan 3, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Harley-Davidson, Inc. (HOG). Trade: Provided it opens under $50.60, consider shorting Jan (1/19) $52/56 bear call credit spread (16 DTE) for closing mid-point of $.33/share or better. Technical Setup: Bearish Pro Gap under Major...
by Dan Gibby | Jan 3, 2018 | Past Weekly Options Letters
Below is a daily chart of PayPal Holdings, Inc. (PYPL). Trade: Consider shorting Jan (1/12) $74/70 Bull Put Credit Spread (9 DTE) for a limit of $.29/share (currently $.26/share). Technical Setup: +WRB from consolidation and converging r20-/50-MA daily,...
by Dan Gibby | Jan 3, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Delta Air Lines, Inc. (DAL). Trade: Over $56.74, consider buying stock for swing trade. Note: Earnings 1/10 pre-market, so sell beforehand. Technical Setup: Breakout daily/weekly/monthly. Stop Loss: $55.84. Miscellaneous...