by Dan Gibby | Oct 12, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Amazon.com, Inc. (AMZN). Trade: Consider shorting Oct (10/20) $960/950 bull put spread (8 DTE) for current mid-point of $.55/share or better. Technical Setup: Breakout daily/weekly after 100% Retracement and consolidation at Major...
by Dan Gibby | Oct 11, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of iShares Russell 2000 ETF (IWM). Trade: Under $149.60, consider shorting Oct (10/20) $150.5/153 bear call spread (10 DTE) for mid-point (currently $.65/share). Technical Setup: Topping pattern and anticipated breakdown after Climactic Sell...
by Dan Gibby | Oct 10, 2017 | Past Weekly Options Letters
Below is a daily chart of Alphabet Inc. (GOOGL). Trade: Consider shorting Oct (10/13) $1010/1020 bear call spread (3.5 DTE) for current mid-point of $.75/share or better. Technical Setup: Rally to resistance daily/weekly, Topping Tail, and bearish engulfing bar....
by Dan Gibby | Oct 9, 2017 | Master Trader Advisory Letter Past
Below is a weekly chart of Pinnacle Foods Inc. (PF). Trade: Provided it does not gap above $57.00, consider shorting stock and selling Oct (10/20) $55 puts (10 DTE) for mid-point but with limit of $56.75/share or better. Technical Setup: Breakdown daily/weekly...
by Dan Gibby | Oct 9, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Dillard’s, Inc. (DDS). Trade: Consider shorting Oct (10/20) $55/60 bear call spread (11 DTE) for current mid-point of $.53//share or better. Technical Setup: Continuation Breakdown daily with weak sector and overbought broader...
