mentioned last night as a potential volatility play, may have “head
faked” up on Wednesday. Watch to see if its sell off resumes. If it does,
then it may provide buying opportunities in put and put spreads.
appears to have stalled out after rallying back to a congestion level. This
action suggests that it may have one more trip to its recent lows left in it.
Look for buying opportunities in puts and put spreads here.
luck with your trading on Thursday!
Protective stops on every trade!