XLU Long trading opportunity(swing-trading) 1

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XLU Long trading opportunity(swing-trading) 1Utilities Select Sector SPDR FundBATS:XLUricomisterI expect a swing of about $4-$6 all the way up to $85+- within 2-5 months. I am risking money in the form of a short put option to expire the 19'th of September (will be followed by a covered call opened if assigned). My entry price is $82 This is a buy and hold trade in a lower risk lower volatility instrument, you might have to hold for 6+- months before it reaches the target, XLU rises slowly but rarely goes down 20%+ for no big reason (there has to be underlying market crash or severe macro negative events) so I don't see a lot of downside remaining, I do think it can go lower than $80 but that would then be 10% down from its peak, but at max I would place it around 15% down from its peak before it starts going up. Also historically lower interest rates do benefit the utilities sector.