by Dan Gibby | Mar 13, 2018 | Master Trader Advisory Letter Past
3/13: XRX – Consider shorting Apr (4/20) $30 naked puts for $.50/share. +WRB from consolidation daily/weekly, 79% IV Rank. Stop $29.78.
by Dan Gibby | Mar 12, 2018 | Master Trader Advisory Letter Past
3/12: AMD – Consider shorting Apr (4/20) $41 naked puts for $.25/share. Gap breakout from multi-month trading range, income trade on far OTM puts (Delta only .14 implying 86% probability of expiring worthless) and 100% Implied Volatility Rank. Stop...
by Greg Capra | Mar 11, 2018 | Master Trader Advisory Letter Past
In the January 29 letter I wrote, “In markets like this one — where the bearish reversals have no or little follow-through — they lure you into believing that prices will always come back. And when it doesn’t work, that is when large losses occur that were never...
by Dan Gibby | Mar 9, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEAS: 3/9: FTI – Consider shorting Apr (4/20) $28/25 bull put credit spread around current $.35/share mid-point. Breakout from big 2x bottom at 200-MA daily, bullish engulfing on weekly, sector bottoming. Stop $28.18. 3/9: NOV – Consider shorting Apr...
by Dan Gibby | Mar 9, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEAS: 3/9: FTI – Consider shorting Apr (4/20) $28/25 bull put credit spread around current $.35/share mid-point. Breakout from big 2x bottom at 200-MA daily, bullish engulfing on weekly, sector bottoming. Stop $28.18. 3/9: NOV – Consider shorting Apr...
by Dan Gibby | Mar 8, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of CommScope Holding Company, Inc. (COMM). Trade: Over $40.45, consider shorting Apr (4/20) $39/35 bull put credit spread (43 DTE) for around closing mid-point of $.60/share. Technical Setup: Breakout all time frames. Option...
