Appears to be holding 20d ema line as support. Monitor for a breakout and close above upper trendline.
Medium term target: $200-$205 range by early Nov
Note: Not investment advice.
Comment:
Looking at where the big money is sitting in long-dated ITM options - Jan 2021 expiration seems to be the place.
Coming into today...
16,881 ITM calls in open interest worth $86.3M
266 ITM puts in open interest worth $584k
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Coming into today...
16,881 ITM calls in open interest worth $86.3M
266 ITM puts in open interest worth $584k