Small correction until End of Month. Breakout from Regression trend. Could see bullish through Februrary before possible correction in Q2. I like Iron Condor at 272-275 Strike with 30 Days and Strangle Options at 277 strike end of Q1 from 41 to 60 days out . Always do your DD. This is not professional advice.
Comment:
Breaking out. Thought we would see a few days like Wednesday for rest of month. Condor is off the table for me now. Might expose some risk and go for straight 275 call 31-45 days. Would need to net more than 3 days down on the market until February expirations to get below 275. GL