The rules for the VTO trade are very simple whenever the Q's close with the 5 day RSI below 30 buy long and hold till the RSI closes above 50. This trade could be used with front month options as they are now priced in penny increments. You can either buy at the close or on the open the next day. I doubt that in the long run it will make much difference. If we do get a close below 30 in the next day or so I will be using the signal to add a bit of leverage to my long position. I will close when the COT tells me to sell.
Market Direction Change
2 weeks ago