Home Forums Members Forum SLV Reply To: SLV

Sean HymanSean Hyman
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.