by Dan Gibby | Oct 3, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 10/3: ROK – Over $190.00, consider shorting Oct (10/19) $185/175 bull put credit spread (16 DTE) for a limit of $1.05/share (closed at $1.05/share). Bullish engulfing 3-day reversal on r20-MA daily, strong sector. Stop Loss $186.48....
by Dan Gibby | Oct 1, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: New Stock Idea on MSFT 10-1-18 Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 10/1: MSFT – Over $115.49,...
by Dan Gibby | Sep 29, 2018 | Master Trader Advisory Letter Past
Last week was uneventful in the broader markets. They continue to be in a corrective mode over the last month within the long-term uptrend. The Dow was the star of the month as far as the broader markets go. And while we were expecting it to move up and make a new...
by Dan Gibby | Sep 28, 2018 | Master Trader Advisory Letter Past
Yesterday we sent a text message to subscribers of the Weekly Options Trader stating that experienced option traders could sell puts/spreads on TLRY based on the breakout on this 15-Min. chart as an income trade. I sold far OTM $85 naked puts on TLRY that expired in...
by Dan Gibby | Sep 27, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: Bull Put Credit Spread Idea on TTD Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 9/27: TTD – Consider shorting...
by Dan Gibby | Sep 26, 2018 | Master Trader Advisory Letter Past
All week in the Master Trader Green Room we have discussed the “mixed messages” in various Index and Sector ETFs which suggest indecision. We said the markets are correcting and are not “pushing the accelerator” until we get a more clear message or “event.” We also...