by Dan Gibby | Jan 27, 2017 | Intra-Day Trading Comments
New Bear Call Spread Trade in COST Below is a daily chart of Costco Wholesale Corporation (COST), $161.16. Trade: We recommend selling 10 Mar 167.5/172.5 bear call spread (21 DTE) for a net credit of $400. Strategy: Bearish Wide Range Bar (-WRB) breakdown from...
by Dan Gibby | Jan 26, 2017 | Intra-Day Trading Comments
New Put Selling Candidates Below is a daily chart of GoPro Inc. (GPRO), $9.98. Trade: We recommend selling 10 Mar 9/7 bull put spread (50 DTE) for a net credit of $550. Note: Higher risk with 2/2 earnings, which could be make-or-break for this oversold...
by Dan Gibby | Jan 25, 2017 | Intra-Day Trading Comments
Put Selling Candidates Into Earnings Below is a daily chart of The Mosaic Company (MOS), $33.72 Trade: We recommend selling 10 March $30 puts (51 DTE) (half currently around .60/share and half at $.70/share on a possible retracement in the stock). Note: holding...
by Dan Gibby | Jan 24, 2017 | Intra-Day Trading Comments
Bullish Trade Ideas With SPY Strength Below is a daily chart of S&P 500 ETF (SPY), $227.77 Trade: If SPY is trading over $227 into the close, we recommend you buy it Strategy: Anticipated breakout on daily and weekly charts after false breakdown and bullish...
by Dan Gibby | Jan 13, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Trades SHOP – Shorted 10 Jan $45/40 bull put spread for a net debit of $700. The “mid-point” to close this spread is only 10 cents now, so we recommend closing it at $.10 to book a quick $600 gain since that is 86% of maximum gain and...
