Hey, thanks for the great chart!
You could be right about selling options for short-term trades...but I am interested in the long-term options I think because volatility is so low reletive to this market in the past...and I think once the macd in the weekly breaks over the 0 line it's off to the races ...it looks like it wants too...it's not backing off from it very readily...we'll see....
But the options even 5 months out are pretty cheap just-out-of-the-money...so I bought back in today basis Nov. when we passed last weeks high....
Anyways, buying options during low-volatility is my favorite trade I believe! (Well, then SELLING them during high volatility is when you hit pay-dirt!)
Cheers!