by Dan Gibby | Nov 28, 2017 | Master Trader Advisory Letter Past
WFC – Since turned more bullish, sell Dec (12/15) $53.5/50.5 bull put spread for $.38/share to convert to iron condor. Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby...
by Dan Gibby | Nov 28, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Johnson & Johnson (JNJ). Trade: Consider shorting Dec (12/15) $137/130 Bull Put Credit Spread (17 DTE) for current mid-point of $.57/share. Technical Setup: Retracement to r50-MA and Minor Support (mS) daily, and Master Trader Buy...
by Dan Gibby | Nov 28, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Wells Fargo & Company (WFC). Trade: Under $53.86, consider shorting Dec (12/15) $55/57 bear call spread (17 DTE) for a limit of $.33/share (closed at $.37/share). Technical Setup: Bearish consolidation after -WRB Breakdown, and...
by Dan Gibby | Nov 27, 2017 | Master Trader Advisory Letter Past
Below is a daily/weekly chart of Xunlei Limited (XNET). Trade: Consider shorting Jan (1/19) $35/40 bear call spread (53 DTE) for a limit of current mid-point of $.70/share. Technical Setup: Climactic Sell Setup, Topping Tail, and small Bearish Island Reversal...
by Dan Gibby | Nov 27, 2017 | Past Weekly Options Letters
Adjustments and Comments on Weekly Option Trades We apologize but have discovered that some subscribers are not getting access to our Open and Closed Spreadsheet in the Member’s Area to see these timely updates. We are fixing now and will send you a new link...
