by Greg Capra | Aug 13, 2018 | Green Trading Room Message Center, Master Trader Advisory Letter Past, Past Weekly Options Letters
How to Read the Trade Ideas If you’re new to MasterTrader, the reasoning behind why we enter trades at a certain point may be foreign to you. Or you just may not understand some of the terminologies. That’s understandable and I’m happy that one of our subscribers...
by Dan Gibby | Aug 12, 2018 | Past Weekly Options Letters
Below is a daily chart of Expedia Group, Inc. (EXPE). Trade: Over $134.56, consider shorting Aug (8/17) $131/126 bull put credit spread (5 DTE) for mid-point but limit of $.55/share (closed at $.87/share). Technical Setup: Breakout from W formation on...
by Dan Gibby | Aug 5, 2018 | Past Weekly Options Letters
Because of the mixed markets, we don’t have any official trade recommendations now, but will advise when they set up, and below are two we are watching. Below is a daily chart of Alphabet Inc. (GOOGL). Trade: Over $1246.52, consider shorting Aug (8/10)...
by Dan Gibby | Aug 3, 2018 | Past Weekly Options Letters
NEW TRADING IDEA: 8/2: SMH – Consider shorting Aug (8/10) $105.5/101.5 bull put credit spread (7 DTE) for $.42/share. Bullish +123 on support daily if closed here, breakout hourly. Stop Loss: $105.98.
by Dan Gibby | Aug 2, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 8/2: FB – Consider shorting half lot Aug (8/10) $170/165 bull put credit spread (8 DTE) for $.55/share (current mid-point is $.50/share but stock and market extended intra-day) and the other half lot around $.65/share. Bullish engulfing after bear gap,...
by Dan Gibby | Aug 2, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 8/2: GRUB – Consider shorting Aug (8/10) $120/115 bull put credit spread (8 DTE) for current mid-point of $.50/share. Bullish reversal bar after pull back into Pro Gap +WRB Breakout daily, breakout hourly. Stop Loss: $121.50.
