of which both are higher than the 200 day average there is room for both names to pull back look at veesa and master card i think these names slow down as consumer and corporate travel slows. and intel, i don't see a strong case for a bounce here on semiconductors i think there is a bit of technical downside for xlk but what i liked about the trade even more is actually the options. there is a rare opportunity for us to take advantage of the current skew looking at the skew of the april call options as you can see the at the money call options are trading at a substantially higher elevated implied volatility versus the out of the money call options which is a great opportunity to sell call credit spreads the trade structure i'm looking here is out to april and sell the 88.95 call spread collecting $5 if it 20 on the april 88 call and pay bag $17.79 for the $95 call net-net collecting 3.41, which is almost half the which hadding of a $$7 credit spread this has the break even price in this case of 91.41 giving me about a 60% probability of profitable on this trade with a one to one payout.