by Dan Gibby | Jul 20, 2017 | Intra-Day Trading Comments
PowerShares QQQ ETF (QQQ) Trade: Consider shorting QQQ here at $143.80 or buying Jul (7/28) $146.5/141.5 bear put spread (8 DTE) around current mid-point $2.55/share. Technical Setup: Climactic Sell Setup at Major Resistance. Option Strategy: Bear Put...
by Dan Gibby | Jul 19, 2017 | Intra-Day Trading Comments
Below is a daily chart of The Goldman Sachs Group, Inc. (GS), $222.39. Trade: Consider selling the following $10 wide Iron Condor: sell Jul (7/28) $230/240 bear call spread and sell Jul (7/28) $215/215 bull put spread (9 Days to Expiration (DTE)) for around...
by Dan Gibby | Jul 19, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of iShares Russell 2000 ETF (IWM), $142.72. Trade: Consider buying Aug (8/18) $135 calls (30 DTE) and selling Aug (8/4) $145 calls (16 DTE) for a limit of $7.65/share). Technical Setup: Bullish breakout all time frames after...
by Dan Gibby | Jul 13, 2017 | Intra-Day Trading Comments
Below is a 30-Min. chart of Canadian Solar Inc. (CSIQ), $16.23. Revised entry from last night’s trade recommendation: CSIQ – With intra-day hourly buy setup at $16.23, consider buying the stock and selling Aug (7/21) $19 calls (36 DTE) for a new debit of...
by Dan Gibby | Jul 13, 2017 | Intra-Day Trading Comments
Below is a daily chart of NVIDIA Corporation (NVDA), $163.58. Trade: Consider shorting Jul (7/14) $167.5 naked calls (1 DTE) for around $.54/share (mid-point $.57). NOTE: Day traders can also short stock based on hourly climactic if like. Technical Setup: ...
by Dan Gibby | Jul 10, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of National Beverage Corp. (FIZZ), $98.48. Trade: Consider shorting Jul (7/21) $90 naked puts (11 DTE) for a limit of $.90/share (current mid-point). Technical Setup: Breakout daily after failed breakdown and bullish consolidation at...
