by Dan Gibby | Dec 27, 2017 | Master Trader Advisory Letter Past
Below is a weekly chart of VanEck Vectors Oil Services ETF (OIH). Trade: Consider shorting Jan (1/19) $25.5 naked puts (23 DTE) for current bid of $.36/share (or better since extended daily). Technical Setup: Breakout daily/weekly/monthly. Option Strategy: ...
by Dan Gibby | Dec 26, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Fastenal Company (FAST). Trade: Over $54.53, consider buying stock. Technical Setup: Bullish consolidation above r20-MA daily after all-time highs, bullish weekly and monthly. Stop Loss: $52.38. Note: earnings 1/18/18. ...
by Dan Gibby | Dec 26, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Macy’s, Inc. (M). Trade: Consider shorting Jan (1/19) $25/21 Bull Put Credit Spread (24 DTE) for around current mid-point of $.51/share. Technical Setup: Breakout from bullish consolidation daily and weekly. Option Strategy: ...
by Dan Gibby | Dec 25, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Financial Select Sector SPDR ETF (XLF). Trade: Over $28.25, consider buying XLF. Technical Setup: Bullish consolidation above r20-MA daily, bullish weekly/monthly. Stop Loss: $27.59. Below is a weekly chart of Exxon Mobil...
by Dan Gibby | Dec 21, 2017 | Master Trader Advisory Letter Past
Below is a monthly chart of PG&E Corporation (PCG). Trade: Consider shorting Jan (1/19) $40/35 Bull Put Credit Spread (29 DTE) for current mid-point of $.50/share. Technical Setup: Climactic Buy Setup on Major Support and r200-MA monthly, high...
