by Dan Gibby | Oct 23, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of The Home Depot, Inc. (HD). Trade: Consider shorting Nov (11/3) $162.5/157.5 bull put spread (11 DTE) for around current mid-point of $.45/share. Technical Setup: Bullish hourly breakout from Buy Setup (after Breakdown Bar Failure) on...
by Dan Gibby | Oct 21, 2017 | Master Trader Advisory Letter Past
This weekend, I will begin recording The Master Trader Technical Strategies – MTS course. I’m excited! For that reason, the written comments are shorter, but I will cover the broader markets and internals in the videos. The MTS course covers an in-depth...
by Dan Gibby | Oct 20, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of JPMorgan Chase & Co. (JPM). Trade: Consider shorting Nov (11/17) $95 naked puts (28 DTE) for current bid of $.37/share, and/or shorting Dec (12/15) $95/85 bull put spread (56 DTE) for current mid-point of $.77/share. Technical Setup: ...
by Greg Capra | Oct 19, 2017 | Master Trader Advisory Letter Past
Seems that this market will never pullback again. We know it will, but today’s SPY comeback defies the norm, to say the least. The Nasdaq was where the bulk of the damage was done and we will see if that follows through. Apple (AAPL) was down almost 2.5% but...
by Dan Gibby | Oct 19, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Lennar Corporation (LEN). Trade: Consider shorting Nov (11/17) $55/50 bull put spread (29 DTE) for mid-point of $.45/share. Technical Setup: Breakout daily after consolidation after bullish run, bullish weekly/monthly to new multi-year...
by Dan Gibby | Oct 19, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of SPDR S&P 500 ETF (SPY). Trade: Consider one of two trades: (1) shorting Oct (10/27) $256/258 bear call spread (8 DTE) for a limit of current mid-point of $.44/share or better; or (2) buying Oct (10/27) $257.5/252.5 bear put spread (8...
