by Dan Gibby | Nov 7, 2017 | Past Weekly Options Letters
Below is a daily chart of FedEx Corporation (FDX). 11/7: FDX – Consider shorting Nov (11/10) $217.5/215 bull put spread (4 DTE) for around current mid-point of $.31/share. Stop $218.28. Happy trading! If you have any questions or comments, please...
by Dan Gibby | Nov 6, 2017 | Past Weekly Options Letters
Below is a daily chart of FedEx Corporation (FDX). Technical Setup: Six-day pull back to rising 50-MA and Major Support on the daily chart after making all-time highs. Option Strategy: We will be watching for a potential weekly Bull Put Credit Spread (BPS) on a...
by Dan Gibby | Nov 5, 2017 | Master Trader Advisory Letter Past
Part of my daily and weekly review of the markets includes monitoring which sectors have outperformed and underperformed. The ones that have been the best out-performers or underperformers for the week get the immediate attention. Those are the big movers and where...
by Dan Gibby | Nov 5, 2017 | Past Weekly Options Letters
We have two patterns with the same names for our trades, but they have formed in different ways. In the video below, I explain the differences between the two of them. Hope this helps! The Bullish +123 Continuation Pattern [s3mv...
by Dan Gibby | Nov 3, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of General Electric Company (GE). Trade: Over $20.07 (hourly -WRB), consider shorting Nov (11/17) $19.5/17.5 bull put spread (14 DTE) for mid-point (currently $.35/share). Income Trade with high 97% Implied Volatility Rank. Technical Setup: ...
