Here we have Average True Range (ATR) as found in the Range Bars Aggregation Style Under Periods with, 1 day ATR ($0.50), 10 day ATR ($1), 20 day ATR ($1).
The lower right area of the Quad is the Derivative Futures Option of the underlying E-mini S&P 500 Future Contract, the 1565 Strike, Week 2 of April, Call Option. We entered long the position at $4.55 per, over two contracts, in the consolidation leading into the 60 Period Simple Moving Average (60SMA) and 110 Period Exponential Moving Average (110EMA). The premium on the position nearly doubled by the highs as seen at $8.5. We were almost able to cap that for the maximum gain. A beautiful set delivered and turned over yesterday! A timely exit, must be noted as well, as premiums fell off considerably from the highs, where we re-entered just one contract into the closing bell. It is up roughly $1 at the time of this publishing.
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