by Dan Gibby | Mar 15, 2020 | Past Weekly Options Letters
The Covid-19 health crisis has sent the markets roiling to bar market territory, provoking a market response not seen since the Great Depression. The message of the markets is that the changes in our way of life will have a severe impact on the economy. The Dow had...
by Dan Gibby | Mar 12, 2020 | Past Weekly Options Letters
Here is our video explaining the market action and the trades recommended today during the market. [s3mm type=”video” source=”cloudfront” files=”Dan – Letter Videos/weekly options update video 200312.mp4″ /]...
by Dan Gibby | Mar 10, 2020 | Past Weekly Options Letters
Here is our video explaining the trades recommended today during the market. We have combined this video for both advisory letters since the market overview and review of stocks of interest apply to both. [s3mm type=”video”...
by Dan Gibby | Mar 9, 2020 | Past Weekly Options Letters
3/10: VXX –Under $35.67, consider shorting Mar (3/13) $42/52 bear call credit spread for a limit of $.75/share (closed at $.88/share). Gap and Crap daily. Stop $41.22. Here is our video explaining the trades recommended today during the market. We have...
by Dan Gibby | Mar 8, 2020 | Past Weekly Options Letters
22 for 26 closing GAINS on last week’s trades (bringing 8-week total to 88 of 97) CLOSED, see VIDEO below. Extreme fear surrounding the spread of the coronavirus continued to send the VIX to multi-year highs and broader markets down. Even last Friday’s positive...
by Dan Gibby | Mar 5, 2020 | Past Weekly Options Letters
3/6: AYX – Over $150.40, consider shorting Mar (3/20) $125/115 bull put credit spread around closing mid-point of $.95/share. Breakout in strong uptrend daily, weekly and monthly, relative strength. Stop $130.98. Here is our video...