by Dan Gibby | Aug 29, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Apple Inc. (AAPL), $162.91. Trade: Over $163.12, consider buying Sep (9/15) $150 calls (16 DTE) and selling Sep (9/8) $167.5 calls (9 DTE) for mid-point (closed at $12.95/share). Technical Setup: Breakout daily and weekly, strong uptrend...
by Dan Gibby | Aug 29, 2017 | Past Weekly Options Letters
You are enjoying two complimentary weeks of Master Trader’s new Weekly Options Trader! It is designed for the active trader wanting to generate weekly income from high probability short-term option selling. Because of the ease of the strategy and statistical “edge”...
by Dan Gibby | Aug 29, 2017 | Intra-Day Trading Comments
Below is a daily chart of Corning Incorporated (GLW), $28.30. Trade: Under $28.25, you can short stock, or option traders can buy Sep (9/15) $30/27 bear put spread (17 DTE) for mid-point (currently $1.57/share). Technical Setup: Bearish gap down from Sell Setup,...
by Dan Gibby | Aug 26, 2017 | Master Trader Advisory Letter Past
Last week, the broader markets rebounded from the prior week’s broad-based selling. Bullish traders quoted in the media touted a broad-based rally on Tuesday. While most sectors were up on that day, the volume was about half of what it was on the move down. Not what...
by Dan Gibby | Aug 26, 2017 | Past Weekly Options Letters
The broader markets chopped sideways last week, and are range-bound between price support and resistance, which was what we were expecting. That worked out great for our Apple (AAPL) weekly income trade. Ideally, the broader markets will continue to follow through on...
