by Dan Gibby | Sep 21, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Equinix, Inc. (EQIX). Trade: Provided it not gap over $450, consider shorting Oct (10/20) $460/470 bear call spread (28 DTE) for a limit of $2.10/share (closed at $2.07/share but spready). Technical Setup: Breakdown from bearish...
by Dan Gibby | Sep 20, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of SPDR S&P 500 ETF (SPY). Trade: Over $250.32, consider buying Sep (9/29) $245 calls (8 DTE) for a limit of $5.53/share (which gives us high delta as a directional swing trade and paying no more than $.20/share time value). Technical...
by Greg Capra | Sep 19, 2017 | Master Trader Advisory Letter Past
The broader markets were relatively quiet Tuesday with most ending with an inside day — except the DOW Industrials that made another new all-time high. Seems that the markets are on hold in front of the FOMC announcement tomorrow at 2:00 ET. Typically, the...
by Dan Gibby | Sep 18, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Air Products and Chemicals, Inc. (APD). Trade: Over $151.00, consider shorting Oct (10/20) $145/135 bull put spread (31 DTE) for a limit of $.60/share (closed at $.62/share). Technical Setup: Continuation Breakout all time frames. Option...
by Dan Gibby | Sep 16, 2017 | Master Trader Advisory Letter Past
Having just been through one of the most powerful hurricanes to hit South Florida, I am counting the days to the end of the hurricane season that ends on November 30th. Luckily, family, friends, and home came through it relatively unscathed. Many others did not and I...
by Dan Gibby | Sep 13, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Cimarex Energy Co. (XEC). Trade: Consider shorting Oct (10/20) $100/90 bull put spread (36 DTE) for a limit of $1.10/share (currently $1.07/share but extended intra-day and spready). Technical Setup: Bullish Wide Range Bar (+WRB)...
