Apple Pro Gap to All-Time Highs 8-1-18

NEW TRADE IDEA:     8/1:  AAPL – Consider shorting Aug (8/3) $195/190 bull put credit spread (2 DTE) at current mid-point of $.48/share. Pro Gap breakout to all-time highs on earnings daily.  Stop Loss:  None, roll if closes...

Breakout Following Pro Gap Breakout 7-31-18

NEW TRADE IDEA: 7/31:  GWW – Consider shorting Aug (8/10) $332.5/325 bull put credit spread (10 DTE) for $.80/share. Bullish consolidation and Bottoming Tail from Pro Gap Breakout daily with another +WRB today which will be a closing real body breakout if closes...

Oil and Gas Sector Strong 7-30-18

NEW TRADE IDEA: 7/30: PXD – Consider shorting Aug (8/3) $185/180 bull put credit spread (5 DTE) for $.50/share.  Bullish gap breakout from consolidation daily, bullish weekly and monthly, bullish sector.  Stop Loss:   $185.38.

Master Trader Weekly Options Trader for 7-30-18

Below is a daily chart of RH (RH).     Trade:  Over $142.80, consider shorting Aug (8/3) $134/124 bull put credit spread (5 DTE) for mid-point but limit of $1.00/share (closed at $1.40/share). Technical Setup:   Bullish consolidation daily and weekly...