IWM got rejected out of a resitance zone that is form by:
Last downswing 26.04 - 18.05 - Fib inverse 1.113 extention
Wave 3 - 1.272 Fib extention
Wave 4 - 1.618 Fib inverse extention
I wish the premium would be higher, with a VIX that low selling premium is just not worth it. So lets look at some put spreads
Last downswing 26.04 - 18.05 - Fib inverse 1.113 extention
Wave 3 - 1.272 Fib extention
Wave 4 - 1.618 Fib inverse extention
I wish the premium would be higher, with a VIX that low selling premium is just not worth it. So lets look at some put spreads