I am long 1 contract, roughly $41000 in exposure.
1) I am not exactly a large trader.
2) This market is volatile.
3) This market isn't liquid.
That being said. A swing back to test $400 and after some time, $450.
We are still at historically high prices for this market but on a YTD relative basis, we should find short term support.
We called the top accurately...
We have multiple entries some last Friday and some this morning on Monday.
Can also try an iron condor but I think direction to the downside is likely for early part of this week...
maybe iron condor after the bottom looks to set... perhaps middle of the week.