Looks like April Fools came at the end of the month this year. Today's rally in the market is not a green light to buy more puts. In two days, the market erased Tuesday's move down. That price action is bullish, not bearish. I've checked with just about every professional trader that I know to see if I was missing something in my analysis. They have all agreed that they feel the market should be going down. Watch the the stop loss area at the previous high. This market might take it out.
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