We typically use Hidden Pivot patterns to project price targets for stocks, commodities and index futures. But were you aware that ABC patterns work just as well for purposes of forecasting the highs nd lows of puts and calls? With the goal of buying swing lows and taking precisely timed profits in options positions, we looked at the charts of puts and calls associated with some of the stocks covered regularly in Rick’s Picks. Tradestation makes it easy to call up option charts for this purpose, but most trading platforms offer a similar feature.
