In XBI i have been playing this trend for days now. Very simple XBI like to test the 13 ema and bounce. When it is near or a little below i buy this weeks closest itm calls. I sell the position before eod. i set my stoo roughly .20 below the 13 ema on the daily. Nothing fancy here. Sometimes the easiest trades are right in front of our face. you can follow my actual entry and exit on twitter @breakingoptions