by Dan Gibby | Oct 9, 2017 | Past Weekly Options Letters
Below is a daily chart of Tesla, Inc. (TSLA). Trade: Consider shorting Oct (10/13) $365/375 bear call spread (4.5 DTE) for current mid-point of $.61//share or better. Technical Setup: Bear Gap from Sell Setup at flat 20/40-MA daily with overbought broader markets....
by Dan Gibby | Oct 8, 2017 | Past Weekly Options Letters
We Batted 83% last week, with 5 of 6 wins closed out with nice profits We start off the week with two bear call spreads. The broader market moved up strongly last week and a small pullback would be good for the long-term bullish view. In the video, will review last...
by Dan Gibby | Oct 6, 2017 | Past Weekly Options Letters
Below is a daily chart of iShares Russell 2000 ETF (IWM). Trade: Under $149.68 (5-Min. low), consider shorting Oct (10/6) $150.5 naked calls (today expiration) for mid-point but a minimum of $.20/share (closed at $.27/share). Note: We like selling premium the day...
by Dan Gibby | Oct 5, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of iShares Russell 2000 ETF (IWM). Trade: Under $149.39, consider shorting Oct (10/13) $151/53 bear call spread (7 DTE) for mid-point but a minimum of $.40/share (closed at $.50/share). Technical Setup: Climactic Sell Setup and Narrow Range...
by Dan Gibby | Oct 5, 2017 | Past Weekly Options Letters
Below is a daily chart of Procter & Gamble Co. (PG). Trade: Under $91.94, consider buying Oct (10/13) $93.5 puts (7 DTE) for a limit of $1.65/share (only $.08/share of time value for the benefit of leverage and limited risk). Technical Setup: Sell Setup at...
