by Dan Gibby | Aug 24, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Splunk Inc. (SPLK), $60.28. POTENTIAL Trade: On earnings, it is having a Pro Gap Breakout after market. Over 30-Min. high, consider shorting Sep (9/1) $60/55 bull put spread (7 DTE) for a limit of $.50/share. Note: Please check Open...
by Dan Gibby | Aug 23, 2017 | Intra-Day Trading Comments
Below is a daily chart of SPDR S&P Metals and Mining ETF (XME), $31.31. Trade: Consider shorting Sep (9/15) $30 naked puts (23 DTE) for a limit of $.30/share (current mid-point. Technical Setup: Breakout daily after Buy Setup on support weekly chart. Option...
by Dan Gibby | Aug 23, 2017 | Past Weekly Options Letters
You are enjoying two weeks 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” that exists in...
by Dan Gibby | Aug 22, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of XPO Logistics, Inc. (XPO), $57.76. Trade: Provided no significant gap, consider shorting Sep (9/15) $55/50 bull put spread (23 DTE) for around closing mid-point of $.65/share. Technical Setup: Double Bottom and +WRB daily, and Buy Setup...
by Dan Gibby | Aug 21, 2017 | Master Trader Advisory Letter Past
Below is a weekly chart of Dynegy Inc. (DYN), $9.80. Trade: Consider buying Dec (12/15) $7.5 calls (115 DTE) and selling Sep (9/15) $10 calls (24 DTE) for current mid-point of $2.20/share or better since extended daily. Technical Setup: Breakout daily and weekly,...
