by Dan Gibby | Jan 29, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Eastman Kodak Company (KODK). Trade: Consider shorting Feb (2/16) $7.5/5 bull put credit spread (18 DTE) for current mid-point of $.35/share. Technical Setup: Higher low daily within the prior +WRB/engulfing bar, hourly W...
by Greg Capra | Jan 29, 2018 | Master Trader Advisory Letter Past
I am sending this as a check to see of the letter system is fixed. Please disregard Thanks Greg
by Dan Gibby | Jan 28, 2018 | Master Trader Advisory Letter Past
In last week’s letter, I mentioned the weekly “Hangman candle” on the weekly time frame. Hangman candles suggest a short-term top, but with any pattern that we trade as Master Trader, there must be confirmation of the pattern by trading above or below a defined...
by Dan Gibby | Jan 26, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Intel Corporation (INTC). Trade: Consider shorting Feb (2/16) $48/42 bull put credit spread (21 DTE) for around current mid-point of $.72/share. Technical Setup: Pro Gap Breakout on earnings daily, Bullish Breakout weekly and...
by Dan Gibby | Jan 24, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of PowerShares QQQ ETF (QQQ). Trade: Under $169.29, consider buying Feb (2/16) $176 puts (23 DTE, with .85 directional Delta) at mid-point for a swing trade. Technical Setup: Extended all time frames and market internals getting more...
by Dan Gibby | Jan 23, 2018 | Master Trader Advisory Letter Past
Below is a weekly chart of Bristol-Myers Squibb Company (BMY). Trade #1: Consider shorting Feb (2/16) $62 naked puts (24 DTE) for around current mid-point of $1.55/share. Trade #2: Consider shorting Feb (2/16) $60/55 bull put credit spread (24 DTE) for around...
