With this chart, I have identified two possible options plays (both long OTM buys) based on the current trend and moving average positions, there a couple of indicators I found proving both an upside and downside theory so it's fair to say at this point the market must decide.
The pink boxes are possible entry zones Id be comfortable with given the support and resistance shown, given the premiums and greeks add up
feel free to expand upon this idea or leave me some feedback, thanks and good luck
The pink boxes are possible entry zones Id be comfortable with given the support and resistance shown, given the premiums and greeks add up
feel free to expand upon this idea or leave me some feedback, thanks and good luck