by Dan Gibby | Oct 7, 2018 | Past Weekly Options Letters
The markets continue to be in a corrective mode. We remain in cautious/defensive mode which is why our current open positions and new recommendations are light. As of last Wednesday, SPY, QQQ, and DIA were consolidating bullish. By the day’s end, it was another...
by Dan Gibby | Oct 5, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Bull Put Credit Spread Idea on NSC Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 10/5: NSC – Over $184.07,...
by Dan Gibby | Oct 2, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: Bear Call Credit Spread Idea on BIDU Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 10/2: BIDU – Consider...
by Dan Gibby | Oct 1, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Bull Put Credit Spread Idea on NFLX Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 10/1: NFLX –...
by Dan Gibby | Sep 30, 2018 | Past Weekly Options Letters
Below is a daily chart of Microsoft Corporation (MSFT). Trade: Over $114.91, consider shorting Oct (10/5) $113/109 bull put credit spread (5 DTE) for mid-point (closed at $.38/share). Technical Setup: Breakout from bullish 4-day consolidation in top...
by Dan Gibby | Sep 28, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread Idea on NVDA based on price action below. Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit...