What if I am wrong? Well good news, you can define your risk by the either the top or the bottom of the . If you are a little more tolerant of throwbacks, define your risk by the bottom of the . If you are less tolerant (like me), define it by the top of the . I choose the second peak because I wanted to give myself room for a little intra day .
I would suggest doing a nice options calendar spread. Ill probably do one for this coming week, next month and probably end of year. We will have to see how they are priced. Then I can roll up or out as needed.