by Dan Gibby | Dec 26, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Macy’s, Inc. (M). Trade: Consider shorting Jan (1/19) $25/21 Bull Put Credit Spread (24 DTE) for around current mid-point of $.51/share. Technical Setup: Breakout from bullish consolidation daily and weekly. Option Strategy: ...
by Dan Gibby | Dec 25, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Financial Select Sector SPDR ETF (XLF). Trade: Over $28.25, consider buying XLF. Technical Setup: Bullish consolidation above r20-MA daily, bullish weekly/monthly. Stop Loss: $27.59. Below is a weekly chart of Exxon Mobil...
by Dan Gibby | Dec 21, 2017 | Master Trader Advisory Letter Past
Below is a monthly chart of PG&E Corporation (PCG). Trade: Consider shorting Jan (1/19) $40/35 Bull Put Credit Spread (29 DTE) for current mid-point of $.50/share. Technical Setup: Climactic Buy Setup on Major Support and r200-MA monthly, high...
by Dan Gibby | Dec 20, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Facebook, Inc. (FB). Trade: Consider selling the following $10.00-wide Iron Condor: sell Jan (1/19) $185/195 bear call credit spread and sell Jan (1/19) $170/160 bull put credit spread (29 Days to Expiration (DTE)) for current...
by Dan Gibby | Dec 20, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Red Hat, Inc. (RHT). Trade: Consider selling Jan (1/19) $130/139 bear call credit spread (30 DTE) for $1.10/share (current mid-point) or better since extended and spready. Technical Setup: Bear earnings gap down daily, leaving...
by Dan Gibby | Dec 20, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Wal-Mart Stores, Inc. (WMT). Trade: Over $99.91, consider shorting Jan (1/19) $96/90 Bull Put Credit Spread (31 DTE) for mid-point but ta limit of $.41/share (closed at $.55/share). Technical Setup: Bullish Gap from consolidation into...
