Looking for IQV to move higher. Might buy the Nov 130 calls. And depending on credit I can get, offset with selling Oct 135 calls. Earnings is Oct 24 after the 135 calls expire. IV should increase for the 130 calls. Plan is to close this combo before earnings. Might also buy some shares through earnings.
Trendlines: Been trading within a wedge for the first half of the year and been using a long-term trendline, first realized in November 2016. Looking to break out of the wedge that was created from this year correction.
MACD(12, 26, close, 9): Crossed bullish on the daily this week, and crossed bullish on weekly about two weeks ago. Weekly chart looks very...
