by Dan Gibby | Dec 8, 2019 | Past Weekly Options Letters
We have many neutral daily trends now because of last week’s break of major support in many of the broader markets and sectors that was followed by a deep retracement higher. Our market internals are still neutral, so we don’t have those internals to provide a bias...
by Dan Gibby | Dec 4, 2019 | 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 | Dec 1, 2019 | Past Weekly Options Letters
The broader markets and most sectors moved higher last week, but on Friday, the majority of indices lost ground, leaving a minor bearish reversal pattern pointing lower within the existing uptrend. Bearish reversals in an uptrend happen of course and, to some extent,...
by Dan Gibby | Nov 26, 2019 | 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 | Nov 24, 2019 | Past Weekly Options Letters
11/25: MA – Over $285.36, consider shorting Nov (11/29) $280/275 bull put credit spread for a limit of $.50/share (closed at $.75/share). Buy Setup on Support after Breakout daily. Stop $281.18. 11/25: TSLA – Under $330, consider shorting Nov (11/29)...
by Dan Gibby | Nov 17, 2019 | Past Weekly Options Letters
11/18: MMM – Over $172.69, consider shorting Nov (11/22) $170/165 bull put credit spread for a limit of $.80/share. (closed at $1.07/share). Reversal on support and r20-MA after +Gap Breakout and retracement daily. Stop $169.88. 11/18: WBA – Over...
