by Dan Gibby | Apr 17, 2018 | Past Weekly Options Letters
4/17: GRUB – Consider shorting Apr (4/20) $101/96 bull put credit spread (2 DTE) for current mid-point of $.40/share. +WRB Breakout at r50-MA daily, bullish intra-day action with market. Stop Loss: None, will roll if needed but should not retrace below $102...
by Dan Gibby | Apr 17, 2018 | Past Weekly Options Letters
4/17: AMZN – Consider shorting Apr (4/20) $1,420/1,410 bull put credit spread for around $.74/share (3.5 DTE). Gap Breakout from consolidation. Stop Loss: $1,424.50.
by Dan Gibby | Apr 16, 2018 | Past Weekly Options Letters
NEW TRADE IDEA: 4/16: SPY – Shorting Apr (4/18) $264/259 bull put credit spread for $.50/share (2 DTE). Bullish consolidation and Major Support at r200-MA daily with intra-day pull back from +Gap. Stop Loss: $263.98.
by Dan Gibby | Apr 15, 2018 | Past Weekly Options Letters
In the Advisory Letter, we said “There have been some wide up and down swings over the last three weeks and after that, the broader markets and most sectors are about where they were three weeks ago. The market internals that had reached being at a bearish...
by Dan Gibby | Apr 12, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/12: BA – Consider shorting Apr (4/20) $320/310 bull put credit spread (8 DTE) for around current mid-point of $.78/share. Breakout from bullish consolidation after breakdown failure 4/4. Stop Loss: $322.04.
by Dan Gibby | Apr 12, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/12: AAPL – Consider shorting Apr (4/20) $170/165 bull put credit spread (8 DTE) for around current mid-point of $.49/share. Breakout from bullish 4-day consolidation in upper 50% of +WRB engulfing (negating 4/4 bear gap) at Major Support and above r200-MA. ...
