by Dan Gibby | Apr 10, 2018 | Past Weekly Options Letters
Below is a daily chart of iPath S&P 500 VIX ST Futures ETN (VXX). Trade: Under $48.28, consider shorting Apr (4/20) $55/65 bear call credit spread (9 DTE) for a limit of $.60/share (closed at $.64/share). Technical Setup: Bearish consolidation at...
by Dan Gibby | Apr 10, 2018 | Past Weekly Options Letters
4/10: SPY – Consider shorting Apr (4/11) $260/255 bull put credit spread for mid-point $.42/share (1 DTE). +Gap hourly followed by buy setup 15-min. chart, 1 day income trade. Stop $260.53. 15-Min. chart.
by Dan Gibby | Apr 10, 2018 | Hold for Review, Past Weekly Options Letters
4/10: DHI – Over $45.85, consider shorting Apr (4/13) $45 naked puts for mid-point but a limit of limit of $.33 x .41). Pull back into Bullish Wide Range Bar (+WRB) Breakout after 2x Bottom at r200-MA daily. Stop Loss: None, roll to next week if expire ITM....
by Greg Capra | Apr 9, 2018 | Master Trader Advisory Letter Past, Master Trader Technical Strategies - MTS, Options Mastery Course, Past Weekly Options Letters
Hello Master Traders, Dan and I have decided to open the Master Trader Green Room for those that want intra-day trades on stocks and options, as well as the most timely updates. At this link, you can register for this week and a new will follow up for the following...
by Dan Gibby | Apr 9, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/9: QQQ – Over 30-Min. high, consider shorting Apr (4/13) $153/148 bull put credit spread 95 DTE) for mid-point (currently $.45/share, but can also do for limit of $.49/share on pull back). Bullish Gap into -WRB at Major Support and above r200-MA. Stop...
by Dan Gibby | Apr 9, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/9: VXX – With SPY gap up and VXX gap down to $49 area, under 30-Min. low of VXX, consider shorting Apr (4/13) $55/65 bear call credit spread (5 DTE) for mid-point but limit of $.50/share (closed at $.56/share). Income trade with high IVR (SPY 95% Implied...
