by Dan Gibby | Nov 3, 2017 | Past Weekly Options Letters
Below is a daily chart of The Goldman Sachs Group, Inc. (GS). Trade: Over $247.74, consider shorting Nov (11/10) $240/232.5 bull put spread (7 DTE) for current mid-point but with limit of $.57/share (closed at $.63/share). Technical Setup: Bullish multi-week...
by Dan Gibby | Nov 1, 2017 | Master Trader Advisory Letter Past
Below is a weekly chart of Anadarko Petroleum Corporation (APC). Trade: Consider shorting Dec (12/11) $45/40 bull put spread (44 DTE) for current mid-point of $.31/share. Technical Setup: Bullish earnings breakout daily and weekly with price void above. Option...
by Dan Gibby | Oct 31, 2017 | Past Weekly Options Letters
Below is a daily chart of Roku, Inc. (ROKU). Trade: Consider shorting Nov (11/10) $18/16 bull put spread (10 DTE) for $.35/share (current mid-point is $.30/share but extended). Technical Setup: Bullish bounce from mid-point of bullish +WRB when went public. Option...
by Dan Gibby | Oct 28, 2017 | Master Trader Advisory Letter Past
The markets are getting very interesting at this time Master Traders. I am not talking about the obvious large move in the NASDAQ 100 (we will get to it) that was driven higher by Amazon (AMZN), GOOGL, MSFT, INTC, and other Internet stocks and technology. What I am...
by Dan Gibby | Oct 28, 2017 | Past Weekly Options Letters
We batted 100% last week, closing all three weekly trades profitable. Below is a daily chart of Netflix, Inc. (NFLX). Trade: Over $200.65, consider shorting Nov (11/3) $192.5/185 bull put spread (5 DTE) for mid-point but a limit of $.53/share (closed at $.61/share)....
