@1%aday Keep it simple all you really want at first is the next...

@1%aday Keep it simple all you really want at first is the next major supply level that is offering more than 3X the distance between the top line of demand and the stop loss which is just below the bottom line

TLS 268.5 weekly The first thing I would do is put a 50 sma and 200sma and only look at supply levels where price was either touching the higher one as here or price is above both. This will keep you at the extremes which have the highest reward and lowest risk. To get the actual supply lines put one line at the top of the highest high and the other line under both the upper wick and the body of that highest candle For the demand level take the lowest recent low and draw a line and the lower wick plus body of candle draw another line. The bottom red line of the supply level will give you the strike price of the calls to buy. So in this case probably $3.75 calls.