by Dan Gibby | Sep 24, 2017 | Past Weekly Options Letters
Below is a daily chart of The Walt Disney Company (DIS). Trade: Under $98.53, consider shorting Sep (9/29) $99.5 naked calls (5 DTE) for a limit of $.36/share (closed at $.35 x .42/share). Technical Setup: Anticipated Breakdown after bearish consolidation in the...
by Dan Gibby | Sep 23, 2017 | Master Trader Advisory Letter Past
Hello Fellow Master Trader, Please note that our next Master Trader Advisory Meeting Webinar is scheduled for Wednesday, September 27, 2017, at 4:15 p.m. ET. These monthly meetings should last about 1 – 1.5 hours. All meetings will be recorded for future review in...
by Dan Gibby | Sep 21, 2017 | Past Weekly Options Letters
Below is a daily chart of RH (RH). Trade: Over $75.00, consider shorting Sep (9/29) $69/65 bull put spread (8 DTE) for mid-point but a limit of $.40/share (closed at $.50/share). Technical Setup: Bullish Consolidation following Pro Gap daily. Option Strategy: ...
by Dan Gibby | Sep 21, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Equinix, Inc. (EQIX). Trade: Provided it not gap over $450, consider shorting Oct (10/20) $460/470 bear call spread (28 DTE) for a limit of $2.10/share (closed at $2.07/share but spready). Technical Setup: Breakdown from bearish...
by Dan Gibby | Sep 21, 2017 | Intra-Day Trading Comments
Below is a daily chart of FedEx Corporation (FDX). Trade: Over $220.00, consider shorting Oct (10/6) $212.5/202.5 bull put spread (15 DTE) for mid-point (currently at $.62/share). Technical Setup: Consolidation inside day following Bullish Wide Range (+WRB)...
