by Greg Capra | Jun 23, 2018 | Master Trader Advisory Letter Past
In last week’s letter, I said it was likely that we would see choppy price action before any further upside. This was based on the historical “wrong-way option traders” increasing their bullish bets to an extreme level. We certainly saw the chop —...
by Dan Gibby | Jun 22, 2018 | Master Trader Advisory Letter Past
6/22: MCD – Consider shorting half lot Jul (7/20) $160/155 bull put credit spread for $.63/share (other half lot on Monday over today’s high or we will advise on pull back). +Gap reversal on Major Support daily/weekly. Stop $159.98.
by Dan Gibby | Jun 22, 2018 | Master Trader Advisory Letter Past
6/22: DVN – Consider shorting Jul (7/20) $40/36 bull put credit spread for $.40/share (28 DTE). Bull Gap and Breakout daily/weekly. Stop $39.98. 6/22: OKTA – Consider shorting Jul (7/20) $60/65 bear call credit spread for $.40/share. Bear flag breakdown...
by Greg Capra | Jun 21, 2018 | Master Trader Advisory Letter Past
Hello Advisory Letter Subscribers, Tonight’s session covered a review of recent trades and open trades Afterward, a review of the current broader markets, sectors and how we go through the detailed process of analysis of the top-down approach we use. ...
by Dan Gibby | Jun 20, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
You found a beautiful bullish or bearish gap that suggests a big move. But how do you enter it once the market opens? This video will answer that! In the Master Trader Green Room (our live trading room trading stocks, options, and ETFs in real-time), among other...
by Dan Gibby | Jun 20, 2018 | Master Trader Advisory Letter Past
6/20: CRON – Consider buying Jul (7/20) $5/7.5 bull call debit spread for current mid-point of $1.65/share (30 DTE). 109% Volatility gives big time decay cushion. Gap from consolidation at r20/50-MA daily, bullish weekly and monthly. Stop $6.50. Video: ...
