by Greg Capra | May 28, 2018 | Master Trader Advisory Letter Past
The broader markets did it again — another week of ending approximately where it was at the prior week’s end. So far, this has been a consolidation after the strong move that began at the beginning of May. Historically, these types of patterns resolve themselves...
by Greg Capra | May 24, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hello Master Traders, The broader markets have been pushed up and down from one day to another on news event. One day, it’s trade war concerns and the markets drop, the next day the concerns are over and the markets rise. Another day, it is the Korea summit that...
by Dan Gibby | May 24, 2018 | Master Trader Advisory Letter Past
NFLX weekly chart had beautiful +WRB Breakout and close to new highs yesterday. We will be watching for both bullish directional and income trades on an intra-day pull back.
by Dan Gibby | May 22, 2018 | Master Trader Advisory Letter Past
5/22: PNC – Shorting June (6/15) $145/140 bull put credit spread for $.51/share. Bull flag consolidation above 20/50-MA daily, bank sector XLF strong. Stop Loss: $147.48.
by Dan Gibby | May 22, 2018 | Master Trader Advisory Letter Past
5/22: NTRS – Consider shorting June (6/15) $105/95 bull put credit spread (24 DTE) around current mid-point of $.78/share. Bullish reverse head and shoulders daily close from consolidation above r20/50-MA, bank sector XLF strong. Stop Loss: $106.48....
by Dan Gibby | May 22, 2018 | Master Trader Advisory Letter Past
5/22: XOM – Consider buying June (6/15) $78/84 bull call debit spread for $4.06/share (giving positive time decay). Breakout daily, strong sector. Stop $81.18.
