by Dan Gibby | Apr 6, 2017 | Intra-Day Trading Comments
Below is daily/weekly chart of Advanced Micro Devices, Inc. (AMD), $13.09. Trade: We recommend selling 10 May $16/18 bear call spread ((43 Days to Expiration (DTE)) at current mid-point of $.23/share. Note: Don’t have earnings date. Technical Setup: Bearish...
by Dan Gibby | Apr 4, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of Office Depot, Inc. (ODP), $4.93. Trade: We recommend buying 1000 shares of stock at a limit of $4.85/share, which is bullish intra-day retracement. Note: Earnings are 4/25 so higher risk holding through it. Technical Setup: ...
by Dan Gibby | Apr 4, 2017 | Intra-Day Trading Comments
Below is daily/weekly chart of NVIDIA Corporation (NVDA), $104.08. Trade: We recommend selling 10 Apr $111/117 bear call spread ((17 Days to Expiration (DTE)) at around current mid-point (currently $.53/share). Technical Setup: Bearish gap under consolidation...
by Dan Gibby | Apr 3, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Advisory Letter Trades (Note: We are only reporting current adjustments). MO – Bought 10 Apr $73/71.5 bear put spread for $.70/share. Sold half at $1.10/share (($1.50-.70)/2) (50% Max Gain per Trading Rules). Try to sell back...
by Dan Gibby | Mar 31, 2017 | Intra-Day Trading Comments
Below is monthly chart of The Boeing Company (BA), $177.17. Trade: Under $177.09, we recommend selling 10 Apr $182.5/187.5 bear call spread ((21 Days to Expiration (DTE)) at mid-point (currently $.55/share). Technical Setup: Climactic Sell Setup (CSS) and Bearish...
