Looking at the S&R lines at 4hrs and decide the bearish target price, Sell Call at the bearish target price which is $155USD for AAPL. for example.
Secondly, Buy Call $1 below the current price ($161.38) at OTM ($160 USD).
Finally, Buy Put at Sell Call price previously which is at $155USD
Conclusion, max loss is $162 and max profit of $15838. The same strategy can be applied for bullish momentum trades by reversing the trades on the same expiry date.
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