At the time of this posting, the market is sitting just a fraction below its 52 week high. This rally back up is now testing the patience of the bears. If the market surges to a new high today, we must stop out and wait. If last week's highs hold at the close, you could add to your put positions if you have enough guts to do so (I haven't decided yet if I have enough guts). The VIX has also dropped back down today, but it is still off from last week's lows. Some of the bullish trades from last week are offering a hedge.
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