Price is sitting on a strong support but also was rejected from the broken uptrend. We may say another bounce but on the other hand is very probable that price opens with a gap down soon. I just bought some puts (are very cheap now) strike $97 expire 07/14.
Note
Selling my puts now, price may bounce to the upside in the upcoming days. I will buy more puts then. Just watching for now. Note
Good time to buy some puts. Give them time, 3 weeks expiration:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.