Plus 20% off November low
Holding above $60 midpoint pivot support and $65 for last few weeks
Consolidation Range breakout targets $70 back to fall fall breakdown
Stock substitution strategy
Right to be long at 5 year midpoint support pivot
4 months of time 70 delta
Only $50 more expensive than March for twice as much time to be right
An option buyer runs the risk of losing the entire amount paid for the option in a relatively short time. The risk of writing options is substantial and may incur large losses.