by Dan Gibby | Jul 7, 2017 | Intra-Day Trading Comments
Below is a daily chart of United States Steel Corporation (X), $20.91. Trade: Consider shorting Jul (7/21) $23 naked calls (14 DTE) for $.35/share. Technical Setup: Breakdown daily and bear flag weekly chart. Option Strategy: Short Naked Calls (SC). Similar to...
by Dan Gibby | Jun 29, 2017 | Intra-Day Trading Comments
Below is a daily/weekly/monthly chart of iRobot Corporation (IRBT), $89.76. Trade: Consider shorting Jul (7/21) $95/105 bear call spread (22 DTE) for $1.25/share or better. Technical Setup: Bearish 1-2-3 Continuation daily, -WRB Igniting weekly, and Climactic Sell...
by Dan Gibby | Jun 27, 2017 | Intra-Day Trading Comments
Below is a daily/weekly/monthly chart of T-Mobile US, Inc. (TMUS), $61.59. Trade: Consider shorting Jul (7/21) $64/66 bear call spread (24 DTE) for $.40/share. Technical Setup: Pro Bearish Gap daily, Breakdown weekly charts, and Climactic Sell Setup and Reversal...
by Dan Gibby | Jun 27, 2017 | Intra-Day Trading Comments
Below is a daily/weekly/monthly chart of Lam Research Corporation (LRCX), $147.12. Trade: Under $146.35, consider shorting Jul (7/21) $155/165 bear call spread (24 DTE) for mid-point (currently $1.21/share). Technical Setup: Breakdown daily, Bearish 1-2-3...
by Dan Gibby | Jun 22, 2017 | Intra-Day Trading Comments
Below is a daily chart of VanEck Vectors Junior Gold Miners ETF (GDXJ), $33.55. Trade: Consider shorting Jul (7/21) $31/28.5 bull put spread (29 DTE) and the Jul (7/21) $36 naked calls (29 DTE) for around current price of $.66/share. Technical Setup: Breakout daily...
by Dan Gibby | Jun 9, 2017 | Intra-Day Trading Comments
Quick Alert. Market falling apart here and too extended to short most stocks without a bounce. However, consider selling Jul (7/21) $9/7 put spread on UVXY for mid-point of around $.65/share. Will update later. Bullish engulfing pattern daily.
