by Dan Gibby | Nov 1, 2017 | Master Trader Advisory Letter Past
Below is a weekly chart of Anadarko Petroleum Corporation (APC). Trade: Consider shorting Dec (12/11) $45/40 bull put spread (44 DTE) for current mid-point of $.31/share. Technical Setup: Bullish earnings breakout daily and weekly with price void above. Option...
by Dan Gibby | Oct 28, 2017 | Master Trader Advisory Letter Past
The markets are getting very interesting at this time Master Traders. I am not talking about the obvious large move in the NASDAQ 100 (we will get to it) that was driven higher by Amazon (AMZN), GOOGL, MSFT, INTC, and other Internet stocks and technology. What I am...
by Dan Gibby | Oct 26, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Harley-Davidson, Inc. (HOG). Trade: Consider shorting Nov (11/17) $46 naked puts (22 DTE) for a limit of $.37/share (currently $.34/share but want small improvement). Technical Setup: Bullish Wide Range (+WRB) from failed breakdown daily...
by Dan Gibby | Oct 25, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Dycom Industries, Inc. (DY). Trade: Consider shorting Nov (11/17) $85/80 bull put spread (22 DTE) for around current mid-point of $.90/share. Technical Setup: Bullish Wide Range (+WRB) breakout daily and weekly. Option Strategy: Bull Put...
by Dan Gibby | Oct 24, 2017 | Master Trader Advisory Letter Past
The broader markets seemed to be in Party Mode today, particularly the Dow Industrials, again making new highs on positive earnings on a few heavy-weights. The DIA, however, is a Climactic Sell Setup (CSS) so it is hard for us to chase this market with multiple longs...
by Dan Gibby | Oct 24, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of UnitedHealth Group Incorporated (UNH). Trade: Over $208.45, consider buying Nov (11/17) $200/215 bull call spread (24.5 DTE) at mid-point (currently $8.31/share). Technical Setup: Breakout following bullish consolidation to all-time highs...
