by Dan Gibby | Nov 15, 2017 | Master Trader Advisory Letter Past
Adjustments and Comments to Select Advisory Letter Trades 11/6: ALL – Shorted Dec (12/15) $95/87.5 bull put spread for $.71/share. 11/15: Mid-point to close is $.37/share, try to close half at $.25/share and $.10/share, move stop $98.08. 11/9: CAT –...
by Dan Gibby | Nov 15, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Texas Instruments Incorporated (TXN). Trade: Under $96.28, consider shorting Dec (12/15) $100/105 bear call spread (30 DTE) for mid-point (currently $.57/share). Technical Setup: Head & Shoulders Breakdown daily, Climactic Sell Setup,...
by Dan Gibby | Nov 14, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Western Digital Corporation (WDC). Trade: Consider shorting Dec (12/15) $85/80 bull put spread (31 DTE) for current mid-point of $.64/share. Technical Setup: Breakout from multi-week consolidation above r200-MA daily, Breakout weekly,...
by Dan Gibby | Nov 14, 2017 | Master Trader Advisory Letter Past
Below is a weekly chart of The Williams Companies, Inc. (WMB). Trade: Consider buying Dec (12/15) $29/27 bear put spread (31 DTE) at its current mid-point of $1.17/share. Technical Setup: Breakdown daily, weekly and monthly. Option Strategy: Bear Put Debit...
by Dan Gibby | Nov 14, 2017 | Master Trader Advisory Letter Past, Past Weekly Options Letters
$HMNY – Remember when we recommend bearish stock and option strategies at $37 on a Climactic Sell Setup!? That was sweet! Well, now the daily has stabilized with a Bullish Double Bottom on the rising 50-MA and has a small gap up today. Will be watching a...
by Greg Capra | Nov 12, 2017 | Master Trader Advisory Letter Past
Depending on where your focus was this week, the price movements were relatively quiet and near unchanged. Elsewhere, there were some wild rides or continuations of the prevailing trend. We will look at those when we review the broader markets and sectors. Earnings...
