by Dan Gibby | Sep 19, 2017 | Past Weekly Options Letters
Below is a daily chart of Below is a daily chart of Tesla, Inc. (TSLA). Trade: Under $375.65, consider shorting Sep (9/22) $390/400 bear call spread (3.5 DTE) for mid-point but of limit of $.84/share or better (currently at $.91/share). Technical Setup: Bearish...
by Dan Gibby | Sep 18, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Air Products and Chemicals, Inc. (APD). Trade: Over $151.00, consider shorting Oct (10/20) $145/135 bull put spread (31 DTE) for a limit of $.60/share (closed at $.62/share). Technical Setup: Continuation Breakout all time frames. Option...
by Dan Gibby | Sep 16, 2017 | Master Trader Advisory Letter Past
Having just been through one of the most powerful hurricanes to hit South Florida, I am counting the days to the end of the hurricane season that ends on November 30th. Luckily, family, friends, and home came through it relatively unscathed. Many others did not and I...
by Dan Gibby | Sep 16, 2017 | Past Weekly Options Letters
Below is a chart of the S&P 500 and the day-to-day sentiment. There can be no arguing with the current bullish trend that is suggesting that prices are headed higher. That does not mean that we do no have our lines in the sand short-term that will suggest...
by Dan Gibby | Sep 13, 2017 | Past Weekly Options Letters
Below is a daily chart of Pioneer Natural Resources Company (PXD). Trade: Consider shorting Sep (9/15) $134 naked puts (2 DTE) for a limit of $.65/share (closed at $.50 x $.80/share). Technical Setup: Bullish Wide Range Bar (+WRB) Breakout from daily consolidation....
