by Dan Gibby | Jun 8, 2017 | Intra-Day Trading Comments
Below is a daily chart of Valeant Pharmaceuticals International, Inc. (VRX), $13.27. Trade: Over $13.46, consider buying Jul (7/21) 11/16 bull call spread (43 DTE) at mid-point (currently $2.23/share). Technical Setup: Breakout following pull back from Pro Gap to...
by Dan Gibby | May 17, 2017 | Intra-Day Trading Comments
Sorry, with market bearish gap down and breakdown, we don’t have time to post trades in detail, but here are new trades bearish, which have already been posted in the Live Open Trades Spreadsheet: IWM – Short 10 Jun 140/143 bear call spread (30 DTE) for...
by Dan Gibby | May 12, 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...
by Dan Gibby | May 10, 2017 | Intra-Day Trading Comments
Current Trade Adjustments. LRCX – Shorted 10 May 150/155 bear call spread for $.85/share. Stop Loss: None for now; however, as an Adjusting Strategies since it is remaining too strong, over $151.50, we recommend shorting 10 May 150/145 bull put spread at...
by Dan Gibby | May 9, 2017 | Intra-Day Trading Comments
Minor Updates to Current Open Trades and Adjustments. DUK – Over $83.15, we recommend shorting 10 Jun $80 naked puts (38 DTE) for a limit of $55/share. Cancel for now since struggling to breakout. LOW – Bought 10 May 83.5 calls for $2.93/share. ...
by Dan Gibby | May 9, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of Chesapeake Energy Corporation (CHK), $5.45. Trade: Over 43.59, we recommend shorting 10 Jun $5 naked puts (38 DTE) (currently $.16 x .17/share). Note: this is huge ROI (Premium/Margin). Technical Setup: Huge bullish Double Bottom...
