by Dan Gibby | Apr 1, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
We are happy to provide an additional bullish income trade courteous of an aspiring Master Trader Options Trader (see email below). 4/2: SHOP – Over $126.28, consider shorting Apr (4/6) $114/106 bull put credit spread (5 DTE) for around closing mid-point of...
by Dan Gibby | Apr 1, 2018 | Master Trader Advisory Letter Past
Over the years, I have seen quite a few conflicted markets. What they all have in common is time frames whose trends are “out of sync” with each other. Meaning, for example, long-term is up, intermediate-term is down, and short-term could be sideways or...
by Dan Gibby | Mar 26, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Intel Corporation (INTC). Trade: Provided it opens over $51.90, over 5-Min. high, consider shorting Apr (4/20) $49 naked Puts (25 DTE) around closing mid-point of $.51/share. Technical Setup: Bullish Gap and +WRB daily, bullish...
by Dan Gibby | Mar 26, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
3/26: SPY – Shorted Mar (3/28) $258/248 bull put credit spread for $.55/share (2 DTE). Bull Gap Surprise daily, retracement into gap and bullish reversal intra-day, bullish hourly, high Volatility Income Trade. Stop Loss: $258.
by Dan Gibby | Mar 26, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
3/26: FB – Consider shorting half lot of Mar (3/29) $135/125 bull put credit spread for a limit of $1.00/share (currently $.48/share so won’t hit unless FB falls another $5+ or so), income trade with 100% IVR, Major Support in $148-150 area on the daily...
by Dan Gibby | Mar 26, 2018 | Master Trader Advisory Letter Past
3/26: LOW – Consider shorting Apr (4/20) $84/79 bull put spread around current mid-point of $.48/share. Pro Gap following Breakdown Failure with major support below now. Stop $83.73.
