by Dan Gibby | Jan 2, 2018 | Past Weekly Options Letters
Below is a daily chart of Alphabet Inc. (GOOGL). Trade: Consider shorting Jan (1/5) $1040/1030 Bull Put Credit Spread (4 DTE) for a limit of $.75/share (currently $.65/share but spready and want price improvement on pull back). Technical Setup: Master Trader...
by Dan Gibby | Jan 1, 2018 | Past Weekly Options Letters
Below is a daily chart of First Solar, Inc. (FSLR). Trade: Over $68.70, consider shorting Jan (1/5) $67/64 Bull Put Credit Spread (4 DTE) for mid-point but a limit of $.45/share (closed at $.65/share). Technical Setup: Bullish consolidation into r20-MA daily,...
by Dan Gibby | Nov 29, 2017 | Past Weekly Options Letters
Below is a daily chart of Netflix, Inc. (NFLX). Trade: Consider shorting Dec (12/8) $200/205 bear call credit spread (9 DTE) for around current mid-point of $.61/share. Technical Setup: -WRB Breakdown negating yesterday’s +WRB Breakout (Bull Trap) daily. Option...
by Dan Gibby | Nov 29, 2017 | Past Weekly Options Letters
Below is a daily chart of First Solar, Inc. (FSLR). Trade: Over $63.10, consider shorting Dec (12/8) $59.5/54.5 Bull Put Credit Spread (9 DTE) for a limit of (closed at $.97/share). Technical Setup: Breakout daily/weekly after bullish multi-week consolidation...
by Dan Gibby | Nov 28, 2017 | Past Weekly Options Letters
Below is a daily chart of Chipotle Mexican Grill, Inc. (CMG). Trade: Provided it opens over $282, consider shorting Dec (12/8) $270/260 Bull Put Credit Spread (9 DTE) for a limit of closing midpoint of $.85/share. Technical Setup: Bullish +WRB from consolidation...
by Dan Gibby | Nov 27, 2017 | Past Weekly Options Letters
Adjustments and Comments on Weekly Option Trades We apologize but have discovered that some subscribers are not getting access to our Open and Closed Spreadsheet in the Member’s Area to see these timely updates. We are fixing now and will send you a new link...
