by Dan Gibby | Jul 20, 2017 | Intra-Day Trading Comments
PowerShares QQQ ETF (QQQ) Trade: Consider shorting QQQ here at $143.80 or buying Jul (7/28) $146.5/141.5 bear put spread (8 DTE) around current mid-point $2.55/share. Technical Setup: Climactic Sell Setup at Major Resistance. Option Strategy: Bear Put...
by Dan Gibby | Jul 19, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of UnitedHealth Group Incorporated (UNH), $189.19. Trade: Over $189.41, consider one of the following trades: (a) shorting Jul (7/28) $187.5/182.5 bull put spread (8 DTE) for mid-point (closed at $.67/share); or (b) buying Aug (8/18) $180/195...
by Dan Gibby | Jul 19, 2017 | Intra-Day Trading Comments
Below is a daily chart of The Goldman Sachs Group, Inc. (GS), $222.39. Trade: Consider selling the following $10 wide Iron Condor: sell Jul (7/28) $230/240 bear call spread and sell Jul (7/28) $215/215 bull put spread (9 Days to Expiration (DTE)) for around...
by Dan Gibby | Jul 19, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of iShares Russell 2000 ETF (IWM), $142.72. Trade: Consider buying Aug (8/18) $135 calls (30 DTE) and selling Aug (8/4) $145 calls (16 DTE) for a limit of $7.65/share). Technical Setup: Bullish breakout all time frames after...
by Dan Gibby | Jul 18, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Citigroup Inc. (C), $66.89. Trade: Over $67.10, consider buying Oct (10/20) $60 calls (93 DTE) and selling Aug (8/4) $68 calls (16 DTE) for mid-point (closed at $6.94/share). Technical Setup: Bullish retracement to Rising 20-MA daily and...
