by Dan Gibby | Jul 9, 2018 | Master Trader Advisory Letter Past
7/9: BA – Consider shorting Jul (7/20) $327.5/322.5 bull put credit spread for $.50/share (11 DTE). Breakout from consolidation on Support area. Stop $328.88. NOTE: Also watching ACN for a directional into close, will advise. ...
by Dan Gibby | Jul 9, 2018 | Master Trader Advisory Letter Past
7/9: WTW – Consider shorting Jul (7/20) $104/108 bear call credit spread for current mid-point of $.62/share (11 DTE), and add on bounce around $.80/share since on hourly support. Bearish Wide Range Bar (-WRB) at Major Resistance creating M-Top daily, extended...
by Dan Gibby | Jul 8, 2018 | Master Trader Advisory Letter Past
The broader markets have been erratic this year as they consolidate the gains over the last several years, which accelerated in 2017. However, even the strongest sectors gave up some of the gains due to the trade war fears. Now that those tariffs have become a...
by Dan Gibby | Jul 3, 2018 | Master Trader Advisory Letter Past
7/3: TWTR – Over $45.20, consider buying stock. Bull Flag consolidation into the r20-MA daily, bullish weekly and monthly. Stop: $42.48. 7/3: GLUU – Over $6.53, consider buying stock. Bull Flag consolidation into the r20-MA daily, bullish weekly and monthly. ...
by Dan Gibby | Jul 2, 2018 | Master Trader Advisory Letter Past
7/2: VRSN – Consider shorting Jul (7/20) $135/130 bull put credit spread (18 DTE) for a limit of $.75/share (currently $.75/share but should retrace a bit for better improvement). Bullish consolidation following Bullish move to all-time highs daily. Stop...
by Dan Gibby | Jul 2, 2018 | Master Trader Advisory Letter Past
7/2: DRI – Consider shorting Jul (7/20) $105/100 bull put credit spread (18 DTE) for current mid-point of $.60/share. Bullish consolidation at top range of +WRB after Pro Gap Breakout daily. Stop Loss: $104.98. ALSO, over $$110.04, can buy...