by Dan Gibby | Sep 13, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Cimarex Energy Co. (XEC). Trade: Consider shorting Oct (10/20) $100/90 bull put spread (36 DTE) for a limit of $1.10/share (currently $1.07/share but extended intra-day and spready). Technical Setup: Bullish Wide Range Bar (+WRB)...
by Dan Gibby | Sep 13, 2017 | Intra-Day Trading Comments
Below is a daily chart of MicroStrategy Incorporated (MSTR). Trade: Consider shorting Oct (10/20) $125/115 bull put spread (37 DTE) for a limit of $1.28/share (currently $1.14/share but extended intra-day). Technical Setup: Breakout from bullish multi-week...
by Dan Gibby | Sep 13, 2017 | Past Weekly Options Letters
Adjustments and Comments on Weekly Option Trades 9/13/17: EFX – Over $115.40, consider shorting Sep (9/15) $100/90 bull put spread (3 DTE) for a limit of $.28/share (currently mid-point of $.30/share but spready). Note: High Risk because company’s egregious...
by Dan Gibby | Sep 13, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Baidu, Inc. (BIDU). Trade: Over $238.00, consider shorting Sep (9/22) $227.5/217.5 bull put spread (9 DTE) for a limit of $.65/share (closed at $.66/share but spready). Technical Setup: Breakout from bullish multi-week consolidation,...
by Dan Gibby | Sep 12, 2017 | Past Weekly Options Letters
Below is a daily chart of Equifax Inc. (EFX). Trade: Over $115.40, consider shorting Sep (9/15) $100/90 bull put spread (3 DTE) for a limit of $.28/share (currently, mid-point of $.30/share but spready). Note: High Risk because company’s egregious data breach...
