I like using classic patterns. I like to keep things simple. I used to throw a million indicators on a chart and thought it was helping. But now I do not. I may use RSI, MACD, or a Delta Volume lower study. Other than that I only ever use a couple of moving averages, maybe VWAP on the chart above. But here I have used Fibonacci Triangle pattern to identify a long term trend on Cigna. This makes sense. As the health insurance market would cause the stock to stagnate during the summer and autumn months. In the USA, people are only enrolling in new plans for health insurance during the Winter and Spring. That is soon to come, and I will expect large profits for CIGNA in the coming months. I would personally buy a Diagonal Call spread on CI. I would maybe sell a call around the 350 strike for early december and buy maybe the 360 Strike on sometime in february. These diagonal positions allow you to profit from the favorable aspects of both the vertical and the calendar spread at the same time. If you go wide enough with them strike and date wise, it can be hard to lose on them barring a black swan event. Especially if you use a double diagonal, legging in with another on the other side of the option chain. This is similar to an iron condor, with a big difference, your risk is much higher but your actual likelihood of losing can be made to be almost non-existent. They are Vega and Theta positive. Which means that if volatility shoots up and price starts dropping on you, it gains value, allowing you to either adjust, or exit for a profit.