by Dan Gibby | Aug 17, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bullish Option Trade on HAS based on price action below. 8/17: HAS – Over $98.90, consider shorting Aug (8/24) $97 naked puts (7 DTE) for a limit of $.50/share (closed at $.65/share but spready). Bullish consolidation on...
by Dan Gibby | Aug 16, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on BA based on price action below. 8/16: BA – Consider shorting Aug (8/24) $330/325 bull put credit spread (8 DTE) for current mid-point of $.43/share. Bullish Gap over bearish bar at r200-MA and...
by Dan Gibby | Aug 16, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: New Master Trader Bull Put Credit Spread on AAPL based on price action below. 8/16: AAPL – Consider shorting Aug (8/24) $207.5/202.5 bull put credit spread (8 DTE) for current mid-point of $.44/share. Gap Breakout from bullish consolidation...
by Dan Gibby | Aug 15, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 8/15: PYPL – Shorted Aug (8/24) $88/92 bear call credit spread (9 DTE) for $.44/share mid-point. Breakdown from Master Trader Sell Setup and Topping Tails at d20-MA daily. Stop Loss: $87.92.
by Dan Gibby | Aug 15, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 8/15: TRIP – Consider shorting Aug (8/24) $55/58 bear call credit spread (9 DTE) for current mid-point of $.40/share. Breakdown from Master Trader Sell Setup and reversal bar at Resistance after bear Pro Gap below d20/50-MA daily. Stop Loss: ...
by Dan Gibby | Aug 13, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 8/13: CLX – Consider shorting Aug (8/17) $139/136 bull put credit spread for around current mid-point of $.42/share. Master Trader Buy Setup with Bottoming Tail after Pro Gap Breakout daily/weekly. Stop Loss: $139.08.
