W is overextended, plain and simple. That, and the potential lower high we are seeing in the overall market makes me want to short this with covered puts. Haven't decided on a strike yet but I like the setup.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.