I watch the SloSto 10,3 as my fav indicator, if stocks bounced out of BB and back inside, so much better, also other indicators that give O.B. signals we all on BPT know, neg D plus other indicators on TOS that I have accumulated over the years. Place Bear Call Spreads just above the highest day's high, with 5 strikes between, 100 open interest at least, the more the merrier. Monitor for continuation. If I expect a shorter-term drop (or rally) I will place a closing order at 50-% of the premium. I monitor SloSto for this. See CLX as an example. I like big names with a lot of O.I. Hope that helps.

    I know this is kind

    Posted by matt on 19th of Jan 2023 at 10:24 am

    I know this is kind of corny but you're mentioning indicators and various things you've acquired over the years. That's one benefit of being at BPT as well, we share tips and tricks, and indicator settings and other things we've learned

    everyone here has their own 'traders toolbox' that is full of various indicators and things they've learned over the years and that fits their style - and hopefully put those tools or puzzle pieces together to from part of their trading plan!

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