by Dan Gibby | Sep 11, 2017 | Intra-Day Trading Comments
Below is a daily chart of Facebook, Inc. (FB). Trade: Consider shorting Sep (9/22) $170/160 bull put spread (11 Days to Expiration (DTE)) for around current mid-point of $.70/share. Technical Setup: Breakout of Major Resistance on daily chart and negating Friday’s...
by Dan Gibby | Sep 8, 2017 | Intra-Day Trading Comments
Below is a daily chart of NVIDIA Corporation (NVDA), $162.77. Trade: Consider shorting Sep (9/22) $172.5/180 bear call spread (14 DTE) for current mid-point of $.70/share. Technical Setup: Breakdown from large topping pattern following Breakout Failure daily,...
by Dan Gibby | Sep 8, 2017 | Intra-Day Trading Comments
Below is a daily chart of First Solar, Inc. (FSLR), $47.09. Trade: Consider shorting Sep (9/22) $52/56 bear call spread (15 DTE) for current mid-point of $.40/share. Technical Setup: Breakdown from multi-week consolidation at rolling 20-MA daily, extended weekly...
by Dan Gibby | Sep 7, 2017 | Intra-Day Trading Comments
Below is a daily/weekly/monthly chart of Ferrari N.V. (RACE), $108.59. Trade: Consider shorting Oct (10/20) $120/130 bear call spread (43 DTE) for current mid-point of $.65/share or better. Technical Setup: Bearish Pro Gap daily from Climactic Sell Setup weekly...
by Dan Gibby | Sep 5, 2017 | Intra-Day Trading Comments
Below is a daily chart of The Boeing Company (BA), $236.81. Trade: Consider shorting Sep (9/15) $242.5/247.5 bear call spread (10 DTE) for around current mid-point of $.75/share (but should get price improvement since extended hourly chart). Technical Setup: ...
by Dan Gibby | Aug 29, 2017 | Intra-Day Trading Comments
Below is a daily chart of Corning Incorporated (GLW), $28.30. Trade: Under $28.25, you can short stock, or option traders can buy Sep (9/15) $30/27 bear put spread (17 DTE) for mid-point (currently $1.57/share). Technical Setup: Bearish gap down from Sell Setup,...
