I think market waiting for news meanwhile they keep marching upward.I do not think buying put is a good idea till we have candle close below 258 or EMA 8 on 15 min chart.
Clearly da-Charts were correctly steering us to go 100% Short and Add shorts yesterday, regardless of all the noise and picture painting by, well, da-Boyz, LOL...
We'll be expecting a visit to 252.40 Thursday, BUT, "BeCuz" we positioned seriously SHORT with our 256 and 250 Jan11 puts we'll be FADE-ing our SorryAsskieSelves and ADD-ing a BOAT-LOAD of Jan14 calls in da-morning, WooHoo…
Three Graphs, as you should know we said to GET LONG on 12/24, insert "Markets Crashing" Hear, and in the FACE of some Serious Picture, Insert "Two-da-Moon-Alice" hear, Painting by, well, da-"Boyz", we insisted on getting Net-Shorty yesterday, that explain our commitment on 12/24 and 1/9…
Of course this is proprietary but shared none-the-less, Good trades ALL...