IBM

When in doubt, short garbage. In any other market this would have filled the gap below but the computerz are busy pumping futures. Don't see that happening tonight.

Comment:

We'll see what they do with futures tonight, NDX up big, SPX and RUT flat, Dow is actually down right now (compared to close).

I might flip the puts on open tomorrow, this market is just weird.

Comment:

Flipped the puts for a quick profit, a buck a piece on weeklys.

I'd be tempted to hold if I had next week's puts, bu can't chance it with only one day left. Take the easy profit and run...

Trade active:

Flipped the NKE puts and bought IBM puts this morning. We got the pop up as I expected despite a down market.