This is by far my favourite play for next week. Saved the best for the last :wink:. It's bee holdings support very well. Currently on a symmetrical triangle waiting for the break out. It rejected the hammer a few times on the daily and forming bullish doji on the Monthly.
Optimal Entry A break and hold of 179.5 will be bullish, and a break and hold of 178.75 will be bearish. Though I am bullish on it. PT1 green resistance PT2 187 SL red support Contracts 11/20 175/185c bull spread or 12/4 180/185c bull spread
This will most likely become a hedge for the elections along with VIX. So I will be holding it still near exp unless SL hits. Stay green!
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