One could try a long here...I would definitely do a futures contract rather than an option. 

4.775 would need to hold to escape a possible cycle inversion...market would need to get over 4.91 on a closing daily basis to continue the rally...there is a major weekly reversal located at 4.99 that you would need to close above also.

On the daily you will be looking at the 18th for an important turn, look for three choppy coiling  days here starting from Wed. 27th to Fri. 29th...look for the 27th as an important turning date. It does appear to we have a choppy period starting Thu. the 14th until Thu. the 28th.. the 18th does look to be a strong turn date...producing the opposite direction for that 11-day period. 

Pay attention to the daily and weekly reversals if price can't close above then a retest of support may be in order.