by Dan Gibby | Aug 1, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 8/1: ITA – Consider shorting Aug (8/17) $200/197 bull put credit spread (17 DTE) for current mid-point of $.35/share. Breakout daily/weekly after consolidation from 100% retracement. Stop $201.68.
by Dan Gibby | Aug 1, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 8/1: TEAM – Consider shorting Aug (8/17) $70/60 bull put credit spread (17 DTE) for mid-point $.65/share. Pull back from Pro Gap Breakout to all-time highs and reversal bar daily, breakout hourly. Stop $70.49.
by Dan Gibby | Jul 29, 2018 | Master Trader Advisory Letter Past
The 2018 trading year was full of erratic price action in the broader markets. We define erratic by wider range bars that overlap each other. They tend to have tails at the extreme of the ranges and candles that historically give a meaningful signal that have little...
by Dan Gibby | Jul 27, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 7/27: LRCX – Consider shorting Aug (8/17) $170/150 bull put credit spread (21 DTE) for current mid-point of $.60/share. Pro Gap breakout and +WRB on earnings from multi-week consolidation of support daily. Stop $170.43.
by Dan Gibby | Jul 27, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 7/27: WDC – Shorting Aug (8/17) $78/82 bear call credit spread (21 DTE) for $.40/share. Pro Gap Breakdown on earnings daily, bearish weekly/monthly. Stop $78.
by Dan Gibby | Jul 26, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEAS: 7/26: ROST – Consider buying Aug (8/17) $85/92.5 bull call debit spread (22 DTE) for around $4.10/share. Pro Gap Breakout daily/weekly to all-time highs. Stop $85.88. Bull put credit spread is also okay. 7/26: AMD – Shorted Aug (8/17)...
