by Dan Gibby | Sep 1, 2016 | Uncategorized
Monsanto (NYSE: MON) has been in takeover discussions for months. Recently, discussions swirled surrounding a PotashCorp (NYSE: POT) and Agrium (NYSE: AGU) merger, surging the entire sector higher. As technicians, we generally don’t care about the news, but rather a...
by Dan Gibby | Aug 23, 2016 | Uncategorized
As usual, Greg Capra posted in his morning Trading Newsletter the mixed market internals but bullish bias based on the chart patterns and resiliency of the broader markets failing to break lower. With this morning’s gap up, I started looking for put selling...
by Dan Gibby | Aug 16, 2016 | Uncategorized
On 8/3/16, we discussed our bullish bias on USO (the oil ETF) based on the compelling daily and weekly chart patterns. Below is the current daily chart of USO: Although at the time we discussed various types of bullish option trades, I entered a bull call spread. I...
by Dan Gibby | Aug 2, 2016 | Uncategorized
Each morning I look for new option trading ideas. I prefer selling premium; however, in such a low volatility environment, often the premium received is not worth the perceived risk assumed. In such cases, I either pass on the trade or buy in-the-money (ITM) credit...
by Dan Gibby | Jul 31, 2016 | Uncategorized
Prudent option traders love to sell options/spreads based on various criteria and goals to generate additional revenue. This can be done as new speculative trades or deployed around existing positions as a way to generate additional yield and reduce the cost basis of...
by Dan Gibby | Jul 18, 2016 | Uncategorized
GregCapra.com is pleased to announce that Dan Gibby, seasoned equity and option trader, will be launching Options Trader to provide educational content and equity and derivative trading ideas. He will post under the Options tab on the web site and post periodically....
