by Dan Gibby | Sep 5, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bear Call Credit Spread on AMZN 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 Spreads...
by Dan Gibby | Sep 5, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on MO 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 Spreads...
by Dan Gibby | Sep 4, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on TWLO 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...
by Dan Gibby | Sep 3, 2018 | Past Weekly Options Letters
Below is a daily chart of Red Hat, Inc. (RHT). Trade: Over $148.00 consider shorting Sep (9/7) $144/140 bull put credit spread (5 DTE) for mid-point but limit of $.41/share (closed at $.50/share). Technical Setup: Two inside consolidation days after...
by Dan Gibby | Aug 30, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on AMGN based on price action below. 8/30: AMGN – Consider shorting Sep (9/7) $197.5/192.5 bull put credit spread (8 DTE) for $.50/share or better (current mid-point is $.55/share). Stop Loss $197.50. FYI...
by Dan Gibby | Aug 28, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bear Call Credit Spread on VMW based on price action below. 8/28: VMW – Consider shorting Sep (9/7) $152.5/155 bear call credit spread around current mid-point of $.45/share. Bearish breakdown after upside shakeout, relative...