Daily Chart RSI <35 - So coming back off previous low and not my usual more extreme setup for Reversal.
High Volume.
PA consolidating around 204 level before push higher.
Looking for Reversal to mean higher.
Taking 205/202.50 Put Credit Spread.
Also picked up 207.5 Call for Directional Bias Higher.
Sept Exp .
Good Luck - Watch your $$$ RISK
High Volume.
PA consolidating around 204 level before push higher.
Looking for Reversal to mean higher.
Taking 205/202.50 Put Credit Spread.
Also picked up 207.5 Call for Directional Bias Higher.
Sept Exp .
Good Luck - Watch your $$$ RISK