by Dan Gibby | Apr 13, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Advisory Letter Trades TLT – Sold 10 May $119/114 bull put spread for $.59/share. Stop Loss: $119.88. 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 have...
by Dan Gibby | Apr 12, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of The Home Depot, Inc. (HD), $146.77. Trade: Under $146.50 (half lot) and under $146 (half lot), we recommend selling 10 May (5/5 weekly) 1505/155 bear call spread (23 Days to Expiration (DTE)) for mid-point (currently $.74/share)....
by Dan Gibby | Apr 12, 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 11, 2017 | Intra-Day Trading Comments
Below is daily chart of Facebook, Inc. (FB), $140.06. Trade: We recommend selling 10 Apr $143/146 bear call spread (10 Days to Expiration (DTE)) at mid-point or better (currently $.34/share). Technical Setup: Rolling over under r20ma and Support after TT/Breakout...
by Dan Gibby | Apr 10, 2017 | Intra-Day Trading Comments
Hello Fellow Master Trader, We previously scheduled our next Monthly Market Review Webinar for Thursday, April 13, 2017, at 8 p.m. ET. HOWEVER, with Easter this Sunday, many members can’t make it. So let’s please re-schedule our next Monthly Market Review Webinar for...
by Dan Gibby | Apr 7, 2017 | Intra-Day Trading Comments
The broader indices have turned positive, reversing in amazement last night’s bearish reaction to the U.S. strikes in Syria and morning weakness. Nevertheless, we are providing a bearish option trade in the SPY since it will only trigger if the markets later...
