by Dan Gibby | Oct 5, 2017 | Intra-Day Trading Comments
Below is a daily chart of Intuit Inc. (INTU). Trade: Consider shorting Oct (10/10) $140/135 bull put spread (15 DTE) for current mid-point of $.70/share or better since extended hourly chart. Technical Setup: Two Bottoming Tails on Major Support and rising 20-MA...
by Dan Gibby | Oct 3, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Micron Technology, Inc. (MU). Trade: Under $39.90, consider shorting Oct (10/13) $41.5/44 bear call spread (10 DTE) for mid-point (closed at $.47/share). Technical Setup: Climactic Sell Setup daily. Option Strategy: Bear Call Credit...
by Dan Gibby | Oct 3, 2017 | Past Weekly Options Letters
Below is a daily chart of Chipotle Mexican Grill, Inc. (CMG). Trade: Consider shorting Oct (10/6) $295/290 bull put spread (3 DTE) for current mid-point but minimum of $.50/share (closed at $.50/share). Note: 94% Implied Volatility Rank provides “rich”...
by Dan Gibby | Oct 2, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Alarm.Com Holdings, Inc. (ALRM). Trade: Extended intra-day and we will give more guidance on 10/3, but look to buy the stock on any retracement above $46.40. Technical Setup: Bullish Wide Range Breakout daily and weekly, strong monthly....
by Dan Gibby | Oct 2, 2017 | Past Weekly Options Letters
Below is a daily chart of Micron Technology, Inc. (MU). Trade: Under $39.40, consider shorting Oct (10/6) $41/44 bear call spread (4 DTE) for mid-point (closed at $.39/share). Technical Setup: Climactic Sell Setup daily. Option Strategy: Bear Call Credit Spread...
