by Dan Gibby | Oct 5, 2017 | Intra-Day Trading Comments
Below is a daily chart of Intuit Inc. (INTU). Trade: Consider shorting Oct (10/10) $140/135 bull put spread (15 DTE) for current mid-point of $.70/share or better since extended hourly chart. Technical Setup: Two Bottoming Tails on Major Support and rising 20-MA...
by Dan Gibby | Sep 29, 2017 | Intra-Day Trading Comments
Below is a daily chart of Wynn Resorts, Limited (WYNN). Trade: Consider shorting Oct (10/20) $140/135 bull put spread (21 DTE) for around current mid-point of $.62/share. Technical Setup: Gap and Breakout daily and weekly charts. Option Strategy: Bull Put Credit...
by Dan Gibby | Sep 27, 2017 | Intra-Day Trading Comments
Below is a daily chart of iShares 20+ Year Treasury Bond ETF (TLT). Trade: Consider shorting Nov (11/17) $128/133 bear call spread (51 DTE) for current mid-point of $.48/share. Technical Setup: Bearish Gap Breakdown and Topping Tail on daily chart. Option...
by Dan Gibby | Sep 26, 2017 | Intra-Day Trading Comments
Below is a daily chart of The Walt Disney Company (DIS). Trade: Under $98.42, consider shorting Oct (10/20) $100/103 bear call spread (10 DTE) for mid-point (currently $.48/share). Technical Setup: Anticipated Breakdown from bear flag consolidation in the lower...
by Dan Gibby | Sep 25, 2017 | Intra-Day Trading Comments
Below is a daily chart of McDonald’s Corp. (MCD). Trade: Consider shorting Oct (10/20) $160/165 bear call spread (25 DTE) for around current mid-point of $.69/share. Technical Setup: Breakout Failure at highs, then Retest & Failure into –WRB daily, bearish...
by Dan Gibby | Sep 25, 2017 | Intra-Day Trading Comments
Below is a daily chart of Facebook Inc. (FB). Trade: Consider shorting Oct (10/20) $175 naked calls (25 DTE) for current mid-point of $.70/share or better. Technical Setup: Bearish Gap and Breakdown daily, weekly bearish M Formation, and Climactic Sell Setup...
