Not until this .886 is lost on a closing basis would I consider a BAT (Not shown here) as the case for a Butterfly remains open. Also, the "risk-on" group IBB hardly took a hit on Friday while the VXX performance was subdued at best. These two little tidbits (plus quad witch and SPY ex-divvy on Friday) make me give a little bit of the benefit of the doubt to this idea.
