SOXL reaching for 45
I'm already short SOXL puts down at 22 set to expire, and was looking to get on a full condor.
The resistance side has a bunch of spikes from early 2022 on the weekly that are all tested levels.
Inside the last spike is a Daily level 45.58 that is likely where the rally is headed to find liquidity.
When it tests there, I will look to sell calls at or above 57.50 or 58.
The resistance side has a bunch of spikes from early 2022 on the weekly that are all tested levels.
Inside the last spike is a Daily level 45.58 that is likely where the rally is headed to find liquidity.
When it tests there, I will look to sell calls at or above 57.50 or 58.
Feragatname
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