by Dan Gibby | Sep 25, 2017 | Intra-Day Trading Comments
Below is a daily chart of Electronic Arts Inc. (EA). Trade: Consider shorting Oct (10/20) $123/127 bear call spread (25 DTE) for current mid-point of $.45/share. Technical Setup: Breakdown daily and weekly, extended monthly. Option Strategy: Bear Call Credit...
by Dan Gibby | Sep 21, 2017 | Intra-Day Trading Comments
Below is a daily chart of FedEx Corporation (FDX). Trade: Over $220.00, consider shorting Oct (10/6) $212.5/202.5 bull put spread (15 DTE) for mid-point (currently at $.62/share). Technical Setup: Consolidation inside day following Bullish Wide Range (+WRB)...
by Dan Gibby | Sep 20, 2017 | Intra-Day Trading Comments
Below is a daily chart of The Clorox Company (CLX). Trade: Consider shorting the following $5-wide condor: sell the Oct (10/20) $140/145 bear call spread (30 Days to Expiration (DTE)) and sell Oct (10/20) $130/125 bull put spread for current mid-point of around...
by Dan Gibby | Sep 20, 2017 | Intra-Day Trading Comments
3M Company (MMM). Trade: Consider shorting Oct (10/20) $217.5/225 bear call spread (30 DTE) for current mid-point around $.65/share. Technical Setup: Bearish Gap from rally to Major Resistance on daily chart. Option Strategy: Bear Call Credit Spread (BCS). Stop...
by Dan Gibby | Sep 13, 2017 | Intra-Day Trading Comments
Below is a daily chart of MicroStrategy Incorporated (MSTR). Trade: Consider shorting Oct (10/20) $125/115 bull put spread (37 DTE) for a limit of $1.28/share (currently $1.14/share but extended intra-day). Technical Setup: Breakout from bullish multi-week...
by Dan Gibby | Sep 11, 2017 | Intra-Day Trading Comments
Below is a daily chart of Costco Wholesale Corporation (COST). Trade: Consider selling the following $2.5-wide Iron Condor: sell Sep (9/22) $162.5/165 bear call spread and sell Sep (9/22) $152.5/150 bull put spread (11 DTE) for around current mid-point of...
