by Dan Gibby | Apr 19, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of Dow Jones Industrial Average ETF (DIA), $204.47. Trade: Under $204.32, we recommend selling 10 May $208/212 bear call spread (30 DTE) for mid-point (currently $.77/share). Technical Setup: Breakdown after bearish consolidation...
by Dan Gibby | Apr 18, 2017 | Uncategorized
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by Dan Gibby | Apr 18, 2017 | Uncategorized
Below is a daily/weekly chart of iShares Russell 2000 (IWM), $134.78. Trade: Under 30-Min. low (currently under $134.51), we recommend selling 10 May 75/78 bear call spread (31 DTE) for mid-point (currently $.86/share). Technical Setup: Possible Head &...
by Dan Gibby | Apr 13, 2017 | Intra-Day Trading Comments
There has been some confusion on positions so we wanted to give adjustments on all current ones. Adjustments and Comments on Open Advisory Letter Trades SPY -Bought 10 Apr $238 puts for $3.30/share. Targets low $232 and $230. Mid-point to close is now $4.17 so we...
by Dan Gibby | Apr 13, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Advisory Letter Trades TLT – Sold 10 May $119/114 bull put spread for $.59/share. Stop Loss: $119.88. SPY -Bought 10 Apr $238 puts for $3.30/share. Targets low $232 and $230. Mid-point to close is now $4.17 so we have...
