by Dan Gibby | Aug 9, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of The Boeing Company (BA), $236.45. Trade: Consider shorting Aug (8/18) $245/250 bear call spread (9 DTE) for $.35/share. Technical Setup: Breakdown after low high daily and Climactic Sell Setup weekly/monthly chart. Option...
by Dan Gibby | Aug 8, 2017 | Intra-Day Trading Comments
Below is a daily chart of Teva Pharmaceutical Industries Limited (TEVA), $19.21. Trade: Consider shorting Aug (8/18) $17 naked puts (10 DTE) for a limit of $.18/share. Technical Setup: Climactic Buy Setup and Bottoming Tail daily. Option Strategy: Short Naked...
by Dan Gibby | Aug 7, 2017 | Intra-Day Trading Comments
Below is a daily chart of Freeport-McMoRan Inc. (FCX), $14.72. Trade: Consider shorting Sep (9/15) $13 naked puts (39 DTE) for a limit of $.17/share. Technical Setup: Bullish consolidation daily/weekly after +WRB breakout on earnings on Increased Volume. Option...
by Dan Gibby | Aug 1, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of Under Armour, Inc. (UAA), $18.60. Trade: Under $18.20 (or bounce with limit, read on), consider buying Oct (10/20) $22.5 puts (80 DTE) at mid-point (if low triggers first) or a limit of $4.20/share (current mid-point is $4.65/share)...
by Dan Gibby | Aug 1, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of The Boeing Company (BA), $243.09. Trade: Under $241.80, consider shorting Aug (8/4) $247.5/252.5 bear call spread (3 DTE) at mid-point (currently $.48/share). Technical Setup: Climactic Sell Setup and Topping Tail daily and weekly...
by Dan Gibby | Aug 1, 2017 | Intra-Day Trading Comments
Adjustments and Comments on Open Advisory Letter Trades Note: Our Trade Updates are timely posted in a separate Report in the Member’s Area. Please see that document for a current reflection on all Open and Closed Trades since the spreadsheet updates immediately...
