by Dan Gibby | Feb 10, 2019 | Past Weekly Options Letters
We regularly change the access link to our trader group text (at https://telegram.org/ ) to restrict to our valued subscribers. Here is the new link. Just click the following link to get access to the “MasterTrader Weekly Options” Group, click HERE Kindly...
by Dan Gibby | Feb 3, 2019 | Past Weekly Options Letters
Below is a daily chart of Zscaler, Inc. (ZS). Trade: Over $48.85, consider shorting Feb (2/15) $45/39 bull put credit spread (12 DTE) for a limit of $.50/share (closed at $.55/share). Technical Setup: Bullish +123 Breakout from consolidation daily, bullish...
by Dan Gibby | Jan 27, 2019 | Past Weekly Options Letters
For the majority of the broader markets and sectors, last week was a consolidation week. At the beginning of the week, prices moved lower and then retraced back up at the end of the week — most of that happening on Friday’s gap up. With the vast majority...
by Dan Gibby | Jan 22, 2019 | Past Weekly Options Letters
With long-term market breadth overbought, and a bear gap down in the Index ETFs, was this the start of our stall/reversal day on the daily chart that we have been looking for? Here is our video explaining the trades recommended today based on this intra-day bearish...
by Dan Gibby | Jan 21, 2019 | Past Weekly Options Letters
Last week the broader markets continued their advance from the Christmas low with little to no corrective price action. The majority of broader market indices, as well as individual sectors, are still in monthly, weekly and daily downtrends. They are now nearing...
by Dan Gibby | Jan 13, 2019 | Past Weekly Options Letters
Last week the markets continued their counter-trend advance towards what historically has been a Sell Zone within a downtrend. Our sentiment market internal gauge has not confirmed that the wrong-way option traders have committed to this advance yet. The fact...