I like the EOG set up, and with it moving over the 21 ema on the weekly, I decided to take it this morning. However, I preferred a “on top of the money” debit call spread instead of out of the money as you suggested. I know a minor 4 wave in SPX is due and likely to start up by the end of Dec; most of January is probably sideways/down action as the minor 4 plays out. So I wanted to position my break even point lower, and I may be exiting if/when I detect this minor 3 wave up is pivoting, depending on how much upward movement has occurred by then in EOG. Thanks for the suggestion, nice work.
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