by Dan Gibby | Aug 21, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Income Option Trade on ADBE based on price action below. NEW TRADE IDEA: 8/21: ADBE – Consider shorting Aug (8/24) iron condor: $245/240 bull put credit spread and $257.5/262.5 bear call credit spread (3 DTE) for current mid-point...
by Dan Gibby | Aug 21, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on SPY based on price action below. 8/21: SPY – Consider shorting Aug (8/24) $285/280 bull put credit spread (3 DTE) around current mid-point of $.39/share. Breakout. Stop Loss...
by Dan Gibby | Aug 20, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on ULTA based on price action below. 8/20: ULTA – Consider shorting Aug (8/24) $232.5/227.5 bull put credit spread (4 DTE) for current mid-point of $.45/share. Breaking out from bullish consolidation on...
by Dan Gibby | Aug 20, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on TSLA based on price action below. 8/20: TSLA – Consider shorting Aug (8/24) $275/265 bull put credit spread for around current mid-point of $1.03/share. +WRB after -Gap to Major Support. Stop Loss...
by Dan Gibby | Aug 19, 2018 | Past Weekly Options Letters
With the market volatility and conflicting signals, it is tough to find high-probability setups now with sufficient premium to make the risk acceptable. Thus, we are making no new trade recommendations until we see how the market opens and trades in the morning...
by Dan Gibby | Aug 17, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bear Call Credit Spread on SPOT based on price action below. 8/17: SPOT – Consider shorting Aug (8/24) $197.5/202.5 bear call credit spread (7 DTE) for current mid-point of $.75/share. Gap under -WRB at major support. Stop...
