Much like my downside targets for BTC, I am prepping for a bullish trade on a pivot. This might not play out as fast as I would like but I will be using the 50-100EMAs for entries most likely.
-I will look to 6 month out calls, those will high open interest (this allows you to sell when you need to)
-I try to pick popular expiration dates
-In summary I am still bearish, this trade will be longer-term bullish when and if we drop this low
-I will look to 6 month out calls, those will high open interest (this allows you to sell when you need to)
-I try to pick popular expiration dates
-In summary I am still bearish, this trade will be longer-term bullish when and if we drop this low