Ah this felt just like old times when i played options a great deal.:)
The rule, when futures are up get your order in as early as possible at the previous trading day's closing ask(20cents in this case) , so by being first in line you can get any hang-over sell-order at .20 before MMs jack to 25cents.
Order went in at 9:05am and was filled for 100contracts at AugQQQ40calls for 20cents though the MM ask started at 25cents.
So for 3k insurance i am protected IF market decides to have a July run.
And thus i can go back to my gardening without worry about having to look at an expanding paper loss IF market does goes on a run.
And i can truly say i only have an estimated bias of 60/40 that we do in fact run up in July.
The extreme increase of bullish cash flow in Rydex Funds Bull+sectors means we have topped or are set to rock, coin flip.
The early transition news that juiced the futures has put that event behind us, it is now all up to how market reacts to FOMC, will it sell the news, or buy the news??? We will see.