by Dan Gibby | Nov 20, 2017 | Past Weekly Options Letters
Below is a daily chart of Square, Inc. (SQ). Trade: Under $44.88, consider shorting Nov (11/24) $46/50 bear call spread (4 DTE) for mid-point but limit of $.30/share (closed at $.40/share). Technical Setup: Climactic Sell Setup daily and weekly with Topping Tail...
by Dan Gibby | Nov 19, 2017 | Past Weekly Options Letters
We had a successful 100% closing victory on our short income option trades. Please see the video if you missed any of the trades. In this video, let’s review last week’s 7 successful trades with the exact strategies — and the profits our subscribers made money...
by Dan Gibby | Nov 15, 2017 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Please review the informative Video which discusses the technical pattern of all Open Positions, why the strategy selected was determined, and trade management tactics. [s3mv fileName=’letterupdates/Review+of+Letter+Open+Trades+171115.mp4′...
by Dan Gibby | Nov 15, 2017 | Past Weekly Options Letters
With gap down in SPY, we are holding off on any stop if you shorted Nov (11/17) $256.5/250 bull put spread yesterday and will roll Friday if necessary, will advise. Happy trading! If you have any questions or comments, please e-mail Greg Capra at...
by Dan Gibby | Nov 14, 2017 | Past Weekly Options Letters
Below is a daily chart of SPDR S&P 500 ETF (SPY). Trade: Provided SPY is trading above $257.70 into the close, consider shorting Nov (11/17) $256.5/250 bull put spread (3 DTE) for mid-point (currently $.51/share). Technical Setup: Three bullish Bottoming Tails...
by Dan Gibby | Nov 14, 2017 | Past Weekly Options Letters
Adjustments and Comments on Weekly Option Trades 11/13: ADSK – Shorted Nov (11/17) $120/116 bull put spread for $.40/share. 11/14: Close half at current $.10/share mid-point for 75% Max Gain, and move stop $123.78. 11/13: MU – Shorted Nov (11/17) $42.5...
