by Dan Gibby | Aug 15, 2017 | Master Trader Advisory Letter Past
The market is uncertain here after the collapse in the broader markets and following robust rally, so we want to stay fairly neutral until we get more clarity. However, we found two ideas which appear high-probability if they trigger based on the strategy suggested....
by Dan Gibby | Aug 11, 2017 | Intra-Day Trading Comments
Below is a daily chart of Agnico Eagle Mines Limited (AEM), $46.44. Trade: Consider selling the following $5-wide Iron Condor: sell Sep (9/15) $50/55 bear call spread and sell Sep (9/15) $43/38 bull put spread (35 Days to Expiration (DTE)) for current mid-point of...
by Dan Gibby | Aug 10, 2017 | Intra-Day Trading Comments
Below is a daily chart of ProShares Trust II – ProShares Ultra VIX Short-Term Futures ETF (UVXY), $36.22. Trade: Consider shorting Aug (8/18) $27.5 naked puts (8 DTE) for a limit of $.38/share. Technical Setup: Continued breakout daily/hourly, confirmed by...
by Dan Gibby | Aug 9, 2017 | Master Trader Advisory Letter Past
Below is a monthly and daily chart of CF Industries Holdings, Inc. (CF), $31.88. Trade: Over $31.92, consider two trades: (a) buying Nov (11/17) $25 calls (99 DTE) and selling Aug (8/18) $32.5 calls (8 DTE) for $6.76/share (closed at $6.76/share), or (b)...
by Dan Gibby | Aug 9, 2017 | Intra-Day Trading Comments
Below is a daily chart of iShares Trust – iShares Russell 2000 ETF (IWM), $138.74. Trade: Under $138.59, consider one of two trades: (a) shorting Sep (9/15) $143/145 bear call spread (37 DTE) for $.64/share (BCS), or (b) consider buying Aug (8/18) $142/135...
