I think we could get a healthy pull back to about the 38.2% Fibonacci level. If we do not get that pull back we might see very choppy price action. We need this pull back so the bulls can load the boat.
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Phillip's Income Options
Battle Plan
25-30 Days out Calendar Spreads
40-45 Days out Iron butterflies
35-40 Days out Classic Butterfly
50-55 Days out Iron Condors
40-45 Days out Double Diagonals
20 Trading DTE Verticals and Cash Secured Puts
All spreads will be managed with adjustments or will be taken off if 20% profit is reached.
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