by Dan Gibby | Nov 15, 2017 | Master Trader Advisory Letter Past
Adjustments and Comments to Select Advisory Letter Trades 11/6: ALL – Shorted Dec (12/15) $95/87.5 bull put spread for $.71/share. 11/15: Mid-point to close is $.37/share, try to close half at $.25/share and $.10/share, move stop $98.08. 11/9: CAT –...
by Dan Gibby | Nov 15, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Texas Instruments Incorporated (TXN). Trade: Under $96.28, consider shorting Dec (12/15) $100/105 bear call spread (30 DTE) for mid-point (currently $.57/share). Technical Setup: Head & Shoulders Breakdown daily, Climactic Sell Setup,...
by Dan Gibby | Nov 15, 2017 | Past Weekly Options Letters
With gap down in SPY, we are holding off on any stop if you shorted Nov (11/17) $256.5/250 bull put spread yesterday and will roll Friday if necessary, will advise. Happy trading! If you have any questions or comments, please e-mail Greg Capra at...
by Dan Gibby | Nov 14, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Western Digital Corporation (WDC). Trade: Consider shorting Dec (12/15) $85/80 bull put spread (31 DTE) for current mid-point of $.64/share. Technical Setup: Breakout from multi-week consolidation above r200-MA daily, Breakout weekly,...
by Dan Gibby | Nov 14, 2017 | Past Weekly Options Letters
Below is a daily chart of SPDR S&P 500 ETF (SPY). Trade: Provided SPY is trading above $257.70 into the close, consider shorting Nov (11/17) $256.5/250 bull put spread (3 DTE) for mid-point (currently $.51/share). Technical Setup: Three bullish Bottoming Tails...
