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Sean HymanSean Hyman
Keymaster
Post count: 3390

With a call option, no matter the asset you want two things for sure: 1) an upward sloping moving average AND 2) the stock hitting the bottom Bollinger Band. In that scenario you have a pullback within an uptrend that’s statistically likely to bounce back higher. Ideally, you don’t want a buy signal that’s a mile away from the 200-day moving average either.