by Dan Gibby | Dec 1, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Texas Instruments Incorporated (TXN). Trade: Under $96.45, consider buying Dec (12/15) $101/92 bear put spread (14 DTE) at mid-point (will have positive time decay). Technical Setup: Bearish 1-2-3 Consolidation following -WRB/Engulfing at...
by Dan Gibby | Nov 29, 2017 | Hold for Review
Please Sign Up for Text Alert Service for Timely Trade Updates! As a subscriber to the Master Trader Advisory Letter, we would like to text you alerts for updates to open positions and or new ones in a timely manner. These will also be posted to the Spreadsheet in the...
by Dan Gibby | Nov 29, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Texas Instruments Incorporated (TXN). Trade: Provided it does not open over $97.60 (hourly resistance), consider shorting Dec (12/15) $100/104 bear call credit spread (16 DTE) for around its closing mid-point of $.45/share or better....
by Dan Gibby | Nov 29, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Alliance Data Systems Corporation (ADS). Trade: Consider shorting Dec (12/15) $220/210 Bull Put Credit Spread (16 DTE) for current mid-point of $.70/share. Technical Setup: +WRB Breakout from Major Support daily and weekly. Option...
by Dan Gibby | Nov 29, 2017 | Past Weekly Options Letters
Below is a daily chart of Netflix, Inc. (NFLX). Trade: Consider shorting Dec (12/8) $200/205 bear call credit spread (9 DTE) for around current mid-point of $.61/share. Technical Setup: -WRB Breakdown negating yesterday’s +WRB Breakout (Bull Trap) daily. Option...
