BITO Long

Am planning to buy BITO calls (expiry June 30 12.0 ATM), the opening range of the quarter (january) looks bullish, we are then in discount almost (12.0) and the extension might be 25 and then 40 (targets). Planning to hold for a while the catalyst is the decrease in rates that is likely to make price to increase.

Just an idea do not risk more than your phycological capital allows you to risk.

FibonacciSupport and Resistance

Feragatname