by Dan Gibby | Jul 31, 2017 | Intra-Day Trading Comments
Below is a daily chart of Costco Wholesale Corporation (COST), $156.68. Trade: Consider shorting Aug (8/18) $150/144 bull put spread (18 DTE) for a limit of $.45/share (current mid-point is $.38/share but is extended intra-day and should get price improvement on...
by Dan Gibby | Jul 27, 2017 | Intra-Day Trading Comments
Below is a daily chart of NVIDIA Corporation (NVDA), $161.52. Trade: Consider shorting Aug (8/4) $170/180 bear call spread (8 DTE) at around current mid-point of $.85/share. Technical Setup: Breakdown from rally to Major Resistance. Option Strategy: Bear Call...
by Dan Gibby | Jul 27, 2017 | Intra-Day Trading Comments
Below is a daily chart of Visa Inc. (V), $100.00. Trade: Consider shorting Aug (8/4) $101/103 bear call spread (8 DTE) at current mid-point of $.32/share. Technical Setup: Climactic Sell Setup and Bearish Engulfing bar. Option Strategy: Bear Call Credit Spread...
by Dan Gibby | Jul 26, 2017 | Intra-Day Trading Comments
Below is a daily chart of Anadarko Petroleum Corporation (APC), $45.88. Trade: Consider shorting Aug (8/18) $43/39 bull put spread (23 DTE) at current mid-point of $.33/share. Technical Setup: Breakout daily, and Climactic Buy Setup and Bullish Engulfing weekly....
by Dan Gibby | Jul 26, 2017 | Intra-Day Trading Comments
Below is a daily chart of United Technologies Corporation (UTX), $120.05. Trade: Under $119.95 consider buying Aug (8/18) $124/116 bear put spread (23 DTE) at mid-point (currently $4.21/share so should not be much greater than that). Technical Setup: Bearish...
by Dan Gibby | Jul 21, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of Union Pacific Corporation (UNP), $105.34. Trade: Under $104.87, consider shorting Aug (8/18) $110/115 bear call spread (28 DTE) for a limit of $.45/share (currently $.49/share). Technical Setup: Breakdown daily/weekly with Major...
