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If you do options plays with a duration of under 6 months, you are gambling.
(why do you do this with your hard earned money...)
Nobody knows what a company is going to do in the short term.
Your fibonacci's don't know.
Your Bollinger Bands don't know.
Your VWAP doesn't know.
What I do know is this, if you buy a great company at a good price and give it a year or 2 for earnings to grow, the stock is going to rebound and follow the earnings higher.
This is why longer duration contracts win, cause you have the double bullish tailwind.
1. EPS growing & company will follow that.
2. Buying in below intrinsic value and waiting for the sentiment to return & the company will bounce back to intrinsic value.