Didn't close below Thursday's low, I am long June calls in the MOMO's and short with TVIX near it's low as a hedge, my criteria is that if it opens below those lows and then price moves up taking out all those lows, the more lows the better even last Mondays low, then buy. That could happened if fundamentals scare the market. I would take gains on hedge and look to get longer as price moves up triggering near or at previous day lows.
Off to Costco, hope you have a great weekend.
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