by Dan Gibby | Aug 22, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of XPO Logistics, Inc. (XPO), $57.76. Trade: Provided no significant gap, consider shorting Sep (9/15) $55/50 bull put spread (23 DTE) for around closing mid-point of $.65/share. Technical Setup: Double Bottom and +WRB daily, and Buy Setup...
by Dan Gibby | Aug 21, 2017 | Master Trader Advisory Letter Past
Below is a weekly chart of Dynegy Inc. (DYN), $9.80. Trade: Consider buying Dec (12/15) $7.5 calls (115 DTE) and selling Sep (9/15) $10 calls (24 DTE) for current mid-point of $2.20/share or better since extended daily. Technical Setup: Breakout daily and weekly,...
by Dan Gibby | Aug 19, 2017 | Master Trader Advisory Letter Past
The sell signal — and coming short-term correction — mentioned in the July 24th newsletter is obviously underway. The selling last week was broad-based, which shook the confidence of those — even the most bullish. There were a few calls for a...
by Greg Capra | Aug 19, 2017 | Master Trader Advisory Letter Past
To improve your Master TraderAdvisory letter, we are testing an SMS text service to send you updates to existing positions and/or new one ones in a more timely way intra-day. The website members area will still be updated; however, this will provide you with updates...
by Dan Gibby | Aug 17, 2017 | Master Trader Advisory Letter Past
Below is a daily chart of 3M Company (MMM), $205.35. Trade: Under $205.28, consider shorting Sep (9/15) $210/220 bear call spread (28 DTE) for a limit of $.80/share (closing mid-point). Technical Setup: Breakdown from M Formation after rally into gap after Bear...
by Dan Gibby | Aug 15, 2017 | Master Trader Advisory Letter Past
The market is uncertain here after the collapse in the broader markets and following robust rally, so we want to stay fairly neutral until we get more clarity. However, we found two ideas which appear high-probability if they trigger based on the strategy suggested....
