by Dan Gibby | Sep 13, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Baidu, Inc. (BIDU). Trade: Over $238.00, consider shorting Sep (9/22) $227.5/217.5 bull put spread (9 DTE) for a limit of $.65/share (closed at $.66/share but spready). Technical Setup: Breakout from bullish multi-week consolidation,...
by Dan Gibby | Sep 11, 2017 | Master Trader Advisory Letter Past
Is it irrational exuberance or just defying gravity? Whatever the reason, this market refuses to pull back in a significant way and appears to be ready to drive higher. We cannot argue with today’s price action, so want to get some long exposure with the trades below....
by Greg Capra | Sep 11, 2017 | Master Trader Advisory Letter Past
We value your success, education, and profitability! Can you take a few minutes to send us feedback about the format of the Advisory Letter to so we can make it better for you? As you know, we post a chart of the recommendation with a 20-MA, 50-MA, and 200-MA. We...
by Dan Gibby | Sep 10, 2017 | Master Trader Advisory Letter Past
The week before last, most markets held their relative support areas and rallied sharply from them. Last week, most of those markets chopped sideways, which may be them consolidating the prior week’s gain. It appears that the last month or so has been a choppy...
by Dan Gibby | Sep 6, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Square, Inc. (SQ), $26.05. Trade: Over $26.17, consider shorting Oct (10/20) $24/20 bull put spread (43 Days to Expiration (DTE)) for around current mid-point of $.40/share. Technical Setup: Bullish consolidation daily/weekly. Option...
by Dan Gibby | Sep 5, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of Crown Castle International Corp. (CCI), $107.03. Trade: Under $106.97, consider shorting stock and shorting Sep (9/15) $105 puts (9 DTE) for a limit of $107.55 or better. Technical Setup: Breakout Failure daily, and extended, positive...
