Adding some IWM OCT 20 $170 calls here around $5.46. Target above $177+ Stop on loss below $174.

I think IWM is near a critical support level here of $174. A good risk/reward area.

I’m going to roll what I took from my QQQ calls yesterday into this one for a bounce.

So, Adding some IWM OCT 20 $170 calls here around $5.46. Target above $177+ Stop on loss below $174.

These are pricey for many accounts as they are over $500 per contract and not something I typically call out but wanted to let you know here.