by Dan Gibby | Jun 24, 2018 | Past Weekly Options Letters
Below is a weekly chart of SPDRÂ S&P Oil & Gas Explor & Prodtn ETF (XOP). Trade: Over $43.10, consider shorting Jun (6/29) $42/39 bull put credit spread (5 DTE) for mid-point but a limit of $.35/share (closed at $.43/share). Technical Setup: ...
by Dan Gibby | Jun 21, 2018 | Past Weekly Options Letters
6/21: NVDA – Consider shorting Jun (6/29) $270/275 bear call credit spread (8 DTE) for current mid-point of $.50/share. Breakdown after Breakout Failure daily. Stop Loss: $269.42.
by Dan Gibby | Jun 20, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
You found a beautiful bullish or bearish gap that suggests a big move. But how do you enter it once the market opens? This video will answer that! In the Master Trader Green Room (our live trading room trading stocks, options, and ETFs in real-time), among other...
by Dan Gibby | Jun 20, 2018 | Past Weekly Options Letters
6/20: GOOGL – Consider selling Jun (6/22) $1160/1150 bull put credit spread (2 DTE) for current mid-point of $.47/share. Breakout after bullish inside day after +WRB Breakout daily. Stop: $1161.58.
by Dan Gibby | Jun 20, 2018 | Past Weekly Options Letters
Our two new trade recommendations from the weekend Letter were invalid so we are actually flat now. The markets were overbought and choppy, and we successfully — and properly — closed all credit spread trades last week at nice profits! We will find more...
by Dan Gibby | Jun 17, 2018 | Past Weekly Options Letters
Below is a weekly chart of Spotify Technology S.A. (SPOT). Trade: Over $177.00, consider selling Jun (6/22) $167.5/160 bull put credit spread (5 DTE) for mid-point but limit of $.60/share (closed at $.75/share). Technical Setup: Inside day after +WRB Breakout...
