I'm using the Gann Swing + Tim West's EPS Study. Not sure if this level will hold but I feel it was worth trading at this level via short PUTS since Volatility is extremely high. I sold one contract so it's a very small trade.
If this level breaks tomorrow (via a full 5 minute candle below the green line) I will exit the trade by buying back my short PUT.
Looks like there is a 90% chance my PUTS will expire worthless later this week if this price action holds. Looks like Tim West's EPS indicator worked well for this trade (Thanks Tim!)
Looks like there is a 90% chance my PUTS will expire worthless later this week if this price action holds. Looks like Tim West's EPS indicator worked well for this trade (Thanks Tim!)