by Dan Gibby | Mar 9, 2017 | Intra-Day Trading Comments
Below is a daily chart of .Square, Inc. (SQ), $17.04. Trade: We recommend buying 1,000 shares of stock over today’s high of $17.20 as a swing trade. Technical Setup: Pull back to Minor Support after Pro Gap breakout on the daily and weekly charts. Target: ...
by Dan Gibby | Mar 8, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of Weight Watchers International, Inc. (WTW), $17.58. Trade: Over $18.50, we recommend selling 10 Apr $15/12 bull put spread (44 DTE) at mid-point (currently $.52/share). Technical Setup: Bullish daily retracement from Pro Gap...
by Dan Gibby | Mar 7, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Advisory Letter Trades JWN – Sold 10 Mar $42.5/37.5 bull put spread for $230. Stop Loss: $42.18. RH – Sold 10 Apr $25/20 bull put spread for $400. RH – Sold 10 Apr $25/20 bull put spread for $400. Mid-point to close is...
by Dan Gibby | Mar 6, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of United Continental Holdings, Inc. (UAL), $72.85. Trade #1: We recommend selling 10 Apr $79/82.5 bear call spread (38 DTE) for around $.53/share. Trade #2: We recommend selling 10 Mar $77/80 bear call spread (10 DTE) for $.29/share....
by Dan Gibby | Mar 3, 2017 | Intra-Day Trading Comments
Below is a daily chart of Steel Dynamics, Inc. (STLD), $36.13. Trade: Sold 10 Apr $39/41 bear call spread (49 DTE) for $400 (Note: announced in Facebook Private Group this morning). Technical Setup: Major Resistance overhead on daily and weekly charts. Option...
by Dan Gibby | Mar 2, 2017 | Intra-Day Trading Comments
Below is a monthly chart of Marathon Oil Corporation (MRO), $16.45. Trade: Over $16.65, we recommend buying 1,000 shares of stock and selling 10 Apr $18 calls (50 DTE) calls at mid-point (currently $.35 x .37, but will be higher when trade triggered). Note: ...
