Looks like Kudlow made a statement that nothing "formal" has been planned wrt pre-negotiations with China for G-20 Summit. I can't imagine why that spiked the market, but it did...kind of similar how when FOMC minutes are published and the intial reaction/move is the wrong direction.
However, I'm happy, got my puts order filled and sold about 2 minutes later for 30% profit...I'll take that!