by Dan Gibby | Oct 26, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Harley-Davidson, Inc. (HOG). Trade: Consider shorting Nov (11/17) $46 naked puts (22 DTE) for a limit of $.37/share (currently $.34/share but want small improvement). Technical Setup: Bullish Wide Range (+WRB) from failed breakdown daily...
by Dan Gibby | Oct 25, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Dycom Industries, Inc. (DY). Trade: Consider shorting Nov (11/17) $85/80 bull put spread (22 DTE) for around current mid-point of $.90/share. Technical Setup: Bullish Wide Range (+WRB) breakout daily and weekly. Option Strategy: Bull Put...
by Dan Gibby | Oct 24, 2017 | Master Trader Advisory Letter Past
The broader markets seemed to be in Party Mode today, particularly the Dow Industrials, again making new highs on positive earnings on a few heavy-weights. The DIA, however, is a Climactic Sell Setup (CSS) so it is hard for us to chase this market with multiple longs...
by Dan Gibby | Oct 24, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of UnitedHealth Group Incorporated (UNH). Trade: Over $208.45, consider buying Nov (11/17) $200/215 bull call spread (24.5 DTE) at mid-point (currently $8.31/share). Technical Setup: Breakout following bullish consolidation to all-time highs...
by Dan Gibby | Oct 23, 2017 | Past Weekly Options Letters
Below is a daily chart of Alibaba Group Holding Limited (BABA). Trade: Consider shorting Oct (10/27) $180/185 bear call spread (4 DTE) for a limit of current mid-point of $.40/share or better since extended intra-day. Technical Setup: Breakdown daily after failed...
