The futures rallied back up and my put is now at about where I bought it. It was very strange, the action, and I hadn't seen this kind of whackiness since Globex during the black swan event in March.
The action as it declined looked normal. You know...bid and ask clipping along, trades taking place, normal. A regular marketplace, or auction. Now as it is rallying back up it has that strange leaden look to it, like price being hoisted up stairs, that it has had every time we've had a subsequent decline later on. Slow'ish trades, price moving up steadily but at the pace of a snail.
Maybe Uncle Sam stepped in, because this thing was going down with determination.
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