by Dan Gibby | Jul 13, 2017 | Intra-Day Trading Comments
Below is a 30-Min. chart of Canadian Solar Inc. (CSIQ), $16.23. Revised entry from last night’s trade recommendation: CSIQ – With intra-day hourly buy setup at $16.23, consider buying the stock and selling Aug (7/21) $19 calls (36 DTE) for a new debit of...
by Dan Gibby | Jul 13, 2017 | Intra-Day Trading Comments
Below is a daily chart of NVIDIA Corporation (NVDA), $163.58. Trade: Consider shorting Jul (7/14) $167.5 naked calls (1 DTE) for around $.54/share (mid-point $.57). NOTE: Day traders can also short stock based on hourly climactic if like. Technical Setup: ...
by Dan Gibby | Jul 10, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of National Beverage Corp. (FIZZ), $98.48. Trade: Consider shorting Jul (7/21) $90 naked puts (11 DTE) for a limit of $.90/share (current mid-point). Technical Setup: Breakout daily after failed breakdown and bullish consolidation at...
by Dan Gibby | Jul 7, 2017 | Intra-Day Trading Comments
Below is a daily chart of United States Steel Corporation (X), $20.91. Trade: Consider shorting Jul (7/21) $23 naked calls (14 DTE) for $.35/share. Technical Setup: Breakdown daily and bear flag weekly chart. Option Strategy: Short Naked Calls (SC). Similar to...
by Dan Gibby | Jun 29, 2017 | Intra-Day Trading Comments
Below is a daily/weekly/monthly chart of iRobot Corporation (IRBT), $89.76. Trade: Consider shorting Jul (7/21) $95/105 bear call spread (22 DTE) for $1.25/share or better. Technical Setup: Bearish 1-2-3 Continuation daily, -WRB Igniting weekly, and Climactic Sell...