What is the basis of your $115 call as it is an out of money? My read of the chart is that $115 will present major resistance as it was an area where previously large supply came in. I presume it was driven by some sort of negative news. There is no evidence that prices had bottomed out as I would look for at least a re-test or a higher low.
On an Elliot wave count, $115 appears to be a wave 4 area of a lower count which typically a corrective rally will re-test before resuming is down move trajectory. On a corrective bar count, yesterday was the 10th day of the rally. If it is a primary rally, it typically runs for 11 to 12 days before stalling.
Let's see what happens over the next two days if it gets near $115.
