At a major level of support and resistance. Remember that bounce (see green circle) had some government intervention in it. So we either bounce here or I'm looking for a gap fill around 76.5-ish; I'm positioned for the latter.
Join Me This June In Chicago!
On June 14th and 15th, I'll be at the Professional Traders Summit in Chicago.
I'll be joining several other option trading pro's at the Chicago Board Options Exchange.