OK, so the #DJI is moving like crazy the last couple of years (bitcoin-like crazy). Here's a possible long Call options trade for April expiry (500-points out of the money),IF tomorrow closes without a lower low than the one on Friday. Theres a BIG resistance line in the 26000-26100 area (and I mean B-I-G resistance area), so the target price is right up there. We will see. If not, than the fall will continue and we'll take a look at the long Puts.
Have a great week everybody!
Have a great week everybody!
Comment:
#DJI SIgnal wasn't validated today (we had a lower low), so we'll see how things go tomorrow.