by Dan Gibby | Apr 24, 2018 | Master Trader Advisory Letter Past
4/24: NRG – Consider buying half lot over high of $31.76. Bullish breakout daily/weekly with price void above. Stop: $30.92.
by Dan Gibby | Apr 24, 2018 | Master Trader Advisory Letter Past
4/24; VXX – Under 30-Min. low, consider shorting May (5/18) $47/60 bear call credit spread (24 DTE) for mid-point but a limit of $1.00/share (closed at $1.16/share). Bearish gap (with SPY gap up) after breakdown and bearish consolidation at support (and generally...
by Dan Gibby | Apr 23, 2018 | Master Trader Advisory Letter Past
4/23: LOW – Under $83.28, consider shorting May (5/18) $87.5/91 bear call credit spread for mid-point (currently $.46/share). Breakdown from multi-week bearish consolidation at 200-MA after Bear Pro Gap on 2/28 on Vol. daily. Stop Loss: $87.46....
by Greg Capra | Apr 22, 2018 | Master Trader Advisory Letter Past
While the broader markets made three steps ahead last week, they took two steps back and ended the week slightly positive. That resulted in many of the broader market indices displaying a Topping Tail (TT) on the weekly timeframe. Topping Tail candles tell us that...
by Dan Gibby | Apr 20, 2018 | Master Trader Advisory Letter Past, Options Mastery Course, Past Weekly Options Letters, Ultimate Guide to Trading Volatility ETFs and Options Class
Please enjoy the video bonus lesson below which we prepared in response to the following question from a subscriber (and discussed real-time in our Master Trader Green Room): “Hi Dan, One question what do you think about [shorting] a $25 naked put in BOLD for...
by Dan Gibby | Apr 18, 2018 | Master Trader Advisory Letter Past
4/18: MU – Over $53.91, consider buying $48/56 bull call debit spread (9 DTE) at mid-point (currently $5.30/share) for swing trade. Bullish engulfing after gap down at r50-MA daily, bullish weekly. Stop $50.67. Note: Buying stock is fine too if don’t trade...