by Dan Gibby | Apr 12, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/12: WYNN – Consider shorting Apr (4/20) $177.5/167.5 bull put credit spread for around current mid-point of $.78/share. Bullish +WRB Breakout from multi-week consolidation above 50-MA daily. Stop: $180.20.
by Dan Gibby | Apr 12, 2018 | Past Weekly Options Letters
4/12: GOOGL – Consider shorting Apr (4/13) $1015/1007.50 bull put credit spread for around current mid-point of $.65/share (1.5 DTE). Bullish consolidation/support daily/hourly, income trade. Stop $1015.38.
by Dan Gibby | Apr 12, 2018 | Past Weekly Options Letters
4/12: SPY – Consider Shorted Apr (4/13) $262 naked puts for $.39/share. Stop $262.88.
by Dan Gibby | Apr 12, 2018 | Past Weekly Options Letters
4/12: SPY – Over $265.65 (or 30-Min. high if occurs first), consider shorting Apr (4/18) $260/250 bull put credit spread (6 DTE) for mid-point (closed at $1.19/share). Bullish consolidation and Major Support at r200-MA, anticipated Breakout, Income trade with...
by Dan Gibby | Apr 11, 2018 | Past Weekly Options Letters
4/11: NOC – Consider shorting Apr (4/13) $342.5/335 bull put credit spread (2.5 DTE) for current mid-point around $.60/share. Bullish reversal on Support and r20/50-MA. Stop Loss $344.98.
by Greg Capra | Apr 10, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hello Master Traders, The broader markets reversed the prior day’s selloff on renewed fears of tariff wars again. This cannot go on much longer – I think. There is no doubt that buyers are stepping up on every dip, but unwilling to step up in force at the...
