by Dan Gibby | Aug 1, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 8/1: AAPL – Consider shorting Aug (8/3) $195/190 bull put credit spread (2 DTE) at current mid-point of $.48/share. Pro Gap breakout to all-time highs on earnings daily. Stop Loss: None, roll if closes ITM.
by Dan Gibby | Jul 31, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 7/31: GWW – Consider shorting Aug (8/10) $332.5/325 bull put credit spread (10 DTE) for $.80/share. Bullish consolidation and Bottoming Tail from Pro Gap Breakout daily with another +WRB today which will be a closing real body breakout if closes...
by Dan Gibby | Jul 30, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 7/30: PXD – Consider shorting Aug (8/3) $185/180 bull put credit spread (5 DTE) for $.50/share. Bullish gap breakout from consolidation daily, bullish weekly and monthly, bullish sector. Stop Loss: $185.38.
by Dan Gibby | Jul 29, 2018 | Past Weekly Options Letters
Below is a daily chart of RH (RH). Trade: Over $142.80, consider shorting Aug (8/3) $134/124 bull put credit spread (5 DTE) for mid-point but limit of $1.00/share (closed at $1.40/share). Technical Setup: Bullish consolidation daily and weekly...
by Dan Gibby | Jul 26, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 7/26: RH – Shorting Aug (8/3) $128/123 Bull Put Credit Spread (8 DTE) for $.45/share. Breakout from consolidation after retest above r50-MA. Stop: $130.68.
by Dan Gibby | Jul 24, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 7/24: CRM – Consider shorting Aug (8/3) $145/140 Bull Put Credit Spread (10 DTE) for $.48/share. +Gap from bullish consolidation and Bottoming Tails at all-time highs. Stop: $144.79.
