Opportunity in the XLK

Good evening,

We've tracked this rebound in sentiment that is unfolding for two weeks. But what if I missed it?
Here is what is remaining from this rally via the XLK. Watch the whole thing and pay attention to how it all comes together from different angles.
If I am not long already, I should wait for the trigger: I go over it in the video in details.
Watch it HERE.

To trade it, I would use November or December calls with a tight stop. They are riskier than buying a call spread BUT they allow for a faster exit. This is a trade, so speed matters.
- Note the nuance that if I am long AAPL MSFT or Fintech... well watch it and you will know.

Nic

Posted to Create Income with Options … on Oct 19, 2021 — 8:10 PM
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