by Dan Gibby | Jul 19, 2018 | Master Trader Advisory Letter Past
Below is a daily and weekly chart of Dominion Energy Midstream Partners, LP (DM). Each morning in pre-market preparation, we analyze the gaps of the major market indexes to develop a trading bias for the day. Additionally, we monitor all open positions...
by Dan Gibby | Jul 18, 2018 | Master Trader Advisory Letter Past
7/18: SERV – Consider shorting Aug (8/17) $60/65 bear call credit spread (30 DTE) for current mid-point of $.75/share. Bearish -123 (if closed here) after bear earnings gap on Vol. on 7/17 on daily chart. Stop $60.02.
by Dan Gibby | Jul 18, 2018 | Master Trader Advisory Letter Past
7/18: BILI – Consider shorting Aug (8/17) $12.5/10 bull put credit spread (30 DTE) for current mid-point of $.65/share. Bullish breakout from consolidation on major support on the daily chart. Stop Loss: $12.48.
by Dan Gibby | Jul 18, 2018 | Master Trader Advisory Letter Past
7/17: BIG – Consider shorting Aug (8/17) $40 puts (30 DTE) for current mid-point of $.55/share. Breakout from bullish consolidation above r20/50-MA after Bullish Shakeout from June gap down negated and > 100% Retracement on the daily chart. Stop Loss:...
by Greg Capra | Jul 17, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hello Master Traders, The broader markets gapped lower today along with the large gap lower in Netflix (NFLX). That gap lower set the low of the day in the broader markets, the majority of sectors, and Netflix. After the wrong-way options traders loaded up on puts...
by Dan Gibby | Jul 17, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 7/17: SPY – Shorting Jul (7/27) $279/274 Bull Put Credit Spread (10 DTE) for current mid-point $.60/share. Bullish engulfing after bear gap down. Stop $278.40.
