New Income Trades for Week 12-18-17

Below is a daily chart of Apple Inc. (AAPL).   Trade:  Over $174.17, consider shorting Dec (12/22) $172.5/167.5 Bull Put Credit Spread (5 DTE) for mid-point (closed at $.77/share). Technical Setup:  Breakout after failed breakdown and higher low consolidation...

ROKU Relative Strength Income Trade 12-15-17

Below is a daily chart of Roku, Inc. (ROKU). Trade:  Consider shorting Dec (12/22) $45/41 Bull Put Credit Spread (7 DTE) for around current mid-point of $.50/share (spready so $.45/share ok). Technical Setup:  Bullish Breakout after higher low consolidation daily. ...

Mexican ETF Bottoming 12-15-17

Below is a daily chart of iShares MSCI Mexico Capped ETF (EWW). Trade:  Over $50.54, consider shorting Dec (12/22) $50/48 Bull Put Credit Spread (7 DTE) for mid-point (closed at $.61/share). Technical Setup:  Bullish +123 Continuation after huge double bottom retest...

Master Trader Sell Setup on BABA 12-11-17

Below is a daily chart of Alibaba Group Holding Limited (BABA). Trade:   Under $178.15, consider shorting Dec (12/15) $182.5/187.5 bear call credit spread (4 DTE) for mid-point (closed at $.69/share). Technical Setup:   Master Trader Sell Setup at d20/50-MA and 50%...