by Dan Gibby | Sep 8, 2017 | Past Weekly Options Letters
Below is a 30-Min. chart of NVIDIA Corporation (NVDA), $163.31. Trade: Consider shorting Sep (9/15) $170/175 bear call spread (7 DTE) for current mid-point of $.50/share. Technical Setup: Breakdown following Breakout Failure daily, extended monthly. Option...
by Dan Gibby | Sep 8, 2017 | Past Weekly Options Letters
Below is a daily chart of Everest Re Group, Ltd. (RE), $217.30. Trade: Consider shorting Sep (9/15) $160 naked puts (7.5 Days to Expiration (DTE)) for a limit of $.45/share (I got filled there after failing to get filled at $.50/share). Note: High risk because...
by Dan Gibby | Sep 8, 2017 | Past Weekly Options Letters
Adjustments and Comments on Weekly Option Trades 9/7/17: NFLX – Shorted Sep (9/8) $172.5 naked puts for $.17/share. 9/8: Bid $.01/share to close to avoid any gap risk after market, to book $.16/share (94% of Max Gain), currently $.01 x .02. 9/7/17: NFLX...
by Dan Gibby | Sep 7, 2017 | Past Weekly Options Letters
Below is a daily chart of Netflix, Inc. (NFLX), $177.92. Trade: Consider one of two trades: (a) shorting Sep (9/8) $172.5 naked puts (1.5 Days to Expiration (DTE)) for around current mid-point of $.17/share; or (b) Sep (9/15) $170/162.5 bull put spread (8 DTE) for...
by Dan Gibby | Sep 2, 2017 | Past Weekly Options Letters
We have another income trade recommendation that we believe will pay off handsomely in this letter. Over the last two weeks of your trial to The Master Trader Weekly Options Income Trader, our trades were 100% profitable. Our four low-risk, high-odds setups earned a...
by Dan Gibby | Sep 1, 2017 | Past Weekly Options Letters
You are enjoying two weeks Master Trader’s new Weekly Options Trader! It is designed for the active trader wanting to generate weekly income from high probability short-term option selling. Because of the ease of the strategy and statistical “edge” that exists in...