by Dan Gibby | Apr 24, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Advisory Letter Trades (Note: We have started posting our trade updates in a separate Report in the Member’s Area. Please see that document for a current reflection on all Open and Closed Trades which will be updated nightly). ...
by Dan Gibby | Apr 21, 2017 | Intra-Day Trading Comments
Below is a daily chart of both $VIX and ProShares Ultra VIX Short-Term Futures (UVXY). Trade: Over $20, we recommend shorting 10 May (weekly 5/12) $15.5/13 bull put spread (21 DTE) for mid-point (currently $.75 share). Technical Setup: Breakout daily from small...
by Dan Gibby | Apr 20, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of Jabil Circuit, Inc. (JBL), $29.22. Trade: We recommend shorting 10 Jun $27/23 bull put spread (57 DTE) for mid-point (currently $.45/share). Technical Setup: Breakout daily and weekly after Breakdown Failure, strong (but extended)...
by Dan Gibby | Apr 19, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of Dow Jones Industrial Average ETF (DIA), $204.47. Trade: Under $204.32, we recommend selling 10 May $208/212 bear call spread (30 DTE) for mid-point (currently $.77/share). Technical Setup: Breakdown after bearish consolidation...
by Greg Capra | Apr 13, 2017 | Intra-Day Trading Comments
The below update was set to go out on Thursday at 2pm, but out mail service did not send or sending today. It’s likely that most did not see the post in the members area at the time posted there just before 2pm. Assuming that you did not and still have the SPY...
by Dan Gibby | Apr 13, 2017 | Intra-Day Trading Comments
There has been some confusion on positions so we wanted to give adjustments on all current ones. Adjustments and Comments on Open Advisory Letter Trades SPY -Bought 10 Apr $238 puts for $3.30/share. Targets low $232 and $230. Mid-point to close is now $4.17 so we...
