by Dan Gibby | Mar 22, 2017 | Intra-Day Trading Comments
Below is a daily chart of Abbott Laboratories (ABT), $44.74. Trade: Under $44.59, we recommend buying 10 Apr $66.5 puts (30 DTE) for mid-point (currently $2.21 x 2.25/share, paying no more than $.24/share time value). Note: earning 4/18. Technical Setup: ...
by Dan Gibby | Mar 21, 2017 | Intra-Day Trading Comments
NEW TRADE SPY – Short Apr 240/245 bear call spread for $.65/share. Adjustments and Comments on Open Advisory Letter Trades BA – Closed both Trade #1 and #2 for a total of $1,280 gain, and was left with a “free” long Apr $210 call since there was no premium left,...
by Dan Gibby | Mar 20, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Advisory Letter Trades ROST – Sold 10 Apr $70/75 bear call spread for $550. Weakening here with market, close at mid-point $.18/share for $370 gain. BA – Closed both Trade #1 and #2 for a total of $1,280 gain, and was left with...
by Dan Gibby | Mar 16, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Advisory Letter Trades QQQ – Bought 10 Mar $129 calls for $2.63/share. Nice move after FOMC, giving open gain of $750. Move stop loss $131.78 to protect small gains and still sell into strength since was short-term swing trade...
by Dan Gibby | Mar 15, 2017 | Intra-Day Trading Comments
Below is a weekly/monthly chart of VanEck Vectors Oil Services ETF (OIH), $30.72. Trade: If is trading over $30.40 into the close, we recommend selling 10 Apr $29/27 bull put spread (37 Days to Expiration (DTE)) for mid-point (currently $.30/share). Technical...
