by Dan Gibby | Apr 25, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/25: SPY – Consider shorting Apr (4/25) $265/260 bull put credit spread for around current mid-point of $.45/share (2 DTE). Five-day pullback to support and r200-MA daily, stabilized and breaking out intra-day 15-Min. chart after new low. Stop Loss:...
by Dan Gibby | Apr 23, 2018 | Past Weekly Options Letters
4/23: UNH – Over prior day’s high ($236.22 now), consider shorting Apr (4/27) $230/225 bull put credit spread (4 DTE) for a limit of $.45/share (currently $.55/share). Controlled pullback after Pro Gap Breakout daily. Stop: None for now since short put is gap fill...
by Dan Gibby | Apr 22, 2018 | Past Weekly Options Letters
The intermediate- to long-term view on equities is that this choppy, schizophrenic market will eventually resolve itself to the upside. Reported earnings are going to pick up considerably this week with names like Google, Amazon, Intel, Starbucks, Ameritrade, Boeing...
by Dan Gibby | Apr 20, 2018 | Master Trader Advisory Letter Past, Options Mastery Course, Past Weekly Options Letters, Ultimate Guide to Trading Volatility ETFs and Options Class
Please enjoy the video bonus lesson below which we prepared in response to the following question from a subscriber (and discussed real-time in our Master Trader Green Room): “Hi Dan, One question what do you think about [shorting] a $25 naked put in BOLD for...
by Dan Gibby | Apr 20, 2018 | Past Weekly Options Letters
4/20: SNAP – Consider shorting Apr (4/27) $14.5/13 bull put credit spread for $.13/share. Breakout from consolidation daily and hourly. Stop $14.50.
by Greg Capra | Apr 17, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hello Traders, The markets moved up and were able to hold on to the morning gain into the close. While that is bullish, IBM reported after the close and it down almost 10-points at this time. That is going to put some downward pressure on the market, but we’ll...
