by Dan Gibby | Jun 15, 2018 | Master Trader Advisory Letter Past
6/15: SBAC – Shorting Jun (7/20) $165/170 bear call credit spread for $.60/share (35 DTE). Bearish consolidation in bottom range of -WRB after Breakout Failure below d20/50-MA daily, many topping tails (resistance) weekly. Stop $161.02....
by Dan Gibby | Jun 15, 2018 | Master Trader Advisory Letter Past
6/15: WLL – Shorting Jul (7/20) $55/60 bear call credit spread for $.72/share (35 DTE). Breakdown after Breakout Failure daily, extended weekly, weak sector (extended intra-day so might get price improvement on bounce). Stop: $54.52. ...
by Dan Gibby | Jun 13, 2018 | Master Trader Advisory Letter Past
6/13: ITA – Shorting Jul (7/22) $205/210 bear call credit spread for around current mid-point of $1.20/share (37 DTE). Bearish engulfing at Major Resistance weekly. Stop: $205.02.
by Dan Gibby | Jun 13, 2018 | Master Trader Advisory Letter Past
6/13: DIS – Shorted Jul (7/20) $100/75 bull put credit spread for $.75/share (37 DTE) (extended intra-day so might get price improvement). Bullish +WRB Engulfing from a bear gap down. Stop: $102.66.
by Dan Gibby | Jun 12, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
RH – We will be watching for bearish stock and option trades in the Green Room and advise. LE – Pre-market Breakout on monthly chart with Price Void above; however, weekly is extended so we will be watching on a pull back. ...
by Dan Gibby | Jun 11, 2018 | Master Trader Advisory Letter Past
6/11: UAL – Shorting Jul (7/13) $69/63 bull put credit spread for current mid-point of $.69/share (32 DTE). Gap Breakout from Major Support daily with strong transports. Stop Loss: $68.91. NOTE: We are watching BXC on pull back for long...