by Dan Gibby | May 30, 2018 | Past Weekly Options Letters
5/30: WYNN – Shorting Jun (6/8) $190/185 bull put credit spread (9 DTE) for current mid-point of $.72/share mid-point. Breakout from consolidation r20-MA daily. Stop Loss: $190.88.
by Dan Gibby | May 30, 2018 | Past Weekly Options Letters
5/30: SQ – Shorting Jun (6/8) $55/50 bull put credit spread (9 DTE) for $.43/share mid-point. Breakout daily from bullish consolidation above r20-MA daily/weekly. Stop Loss: $54.75.
by Dan Gibby | May 30, 2018 | Past Weekly Options Letters
5/30: FB – Shorting Jun (6/8) $182.5/177.5 bull put credit spread for $.51/share. Breakout daily from consolidation above r20-MA. Stop Loss: $182.98.
by Dan Gibby | May 28, 2018 | Past Weekly Options Letters
Below is a daily chart of Intel Corporation (INTC). Trade: Over $55.50, consider shorting Jun (6/1) $55/51 bull put credit spread (5 DTE) for mid-point but a limit of $.35/share (closed at $.39/share). Technical Setup: Bullish consolidation...
by Greg Capra | May 24, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hello Master Traders, The broader markets have been pushed up and down from one day to another on news event. One day, it’s trade war concerns and the markets drop, the next day the concerns are over and the markets rise. Another day, it is the Korea summit that...
by Dan Gibby | May 23, 2018 | Past Weekly Options Letters
5/23: BIIB – Consider shorting Jun (6/1) $275/270 bull put credit spread around current mid-point of $.68/share. Bullish engulfing from bullish consolidation above 20/50-MA. Stop: $276.41.
