by Dan Gibby | Oct 23, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of The Home Depot, Inc. (HD). Trade: Consider shorting Nov (11/3) $162.5/157.5 bull put spread (11 DTE) for around current mid-point of $.45/share. Technical Setup: Bullish hourly breakout from Buy Setup (after Breakdown Bar Failure) on...
by Dan Gibby | Oct 21, 2017 | Master Trader Advisory Letter Past
This weekend, I will begin recording The Master Trader Technical Strategies – MTS course. I’m excited! For that reason, the written comments are shorter, but I will cover the broader markets and internals in the videos. The MTS course covers an in-depth...
by Dan Gibby | Oct 21, 2017 | Past Weekly Options Letters
Below is a daily chart of Automatic Data Processing, Inc. (ADP). Trade: Over $116.08, consider buying Oct (10/27) $114/117 bull call spread (5 DTE) at mid-point (closed at $1.90/share). Technical Setup: Breakout after bullish consolidation above the r20-MA daily....
by Dan Gibby | Oct 20, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of JPMorgan Chase & Co. (JPM). Trade: Consider shorting Nov (11/17) $95 naked puts (28 DTE) for current bid of $.37/share, and/or shorting Dec (12/15) $95/85 bull put spread (56 DTE) for current mid-point of $.77/share. Technical Setup: ...
by Dan Gibby | Oct 19, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Lennar Corporation (LEN). Trade: Consider shorting Nov (11/17) $55/50 bull put spread (29 DTE) for mid-point of $.45/share. Technical Setup: Breakout daily after consolidation after bullish run, bullish weekly/monthly to new multi-year...