by Dan Gibby | May 1, 2018 | Hold for Review
5/1: INTC – Consider shorting May (5/18) $51/45 bull put credit spread for around current id-point of $.57/share. Pull back to support daily after Pro Gap Breakout daily, bullish uptrend weekly/monthly. No Stop Loss since we would not mind owning stock as core...
by Dan Gibby | Apr 12, 2018 | Hold for Review
4/12: CVX – Consider shorting May (5/18) $110/100 bull put credit spread around current mid-point of $.78/share. Breakout from multi-month consolidation at r200-MA daily, bullish sector breakout. Stop Loss $110.48. Earnings 4/27 so beware of risk.
by Dan Gibby | Apr 10, 2018 | Hold for Review, Past Weekly Options Letters
4/10: DHI – Over $45.85, consider shorting Apr (4/13) $45 naked puts for mid-point but a limit of limit of $.33 x .41). Pull back into Bullish Wide Range Bar (+WRB) Breakout after 2x Bottom at r200-MA daily. Stop Loss: None, roll to next week if expire ITM....
by Dan Gibby | Apr 9, 2018 | Hold for Review
4/9: BABA – Over 30-Min. high, consider shorting Apr (4/13) $165/160 bull put credit spread for mid-point (currently $.44/share). Income trade with 98% IVR with high fear. Bull Gap from huge 2x bottom on the hourly, oversold daily, far from d20-MA. Stop...
by Dan Gibby | Apr 4, 2018 | Hold for Review
4/4: DHI – Consider shorting May (5/18) $41/36 bull put credit spread for around $.50/share. Stop $41.33. +WRB from multi-week consolidation and prior low Major Support daily/weekly, bullish Buy Setup monthly. We intend to hold over Earnings 4/26.
by Dan Gibby | Mar 22, 2018 | Hold for Review
3/22: BA – Consider shorting Mar (3/23) $340/350 bear call credit spread (8 DTE) around current mid-point of $.74/share. Bear gap breakdown daily, Climactic monthly. Stop Loss: $341.92.
