Keep loading up on Puts
Shes getting close but not there yet. waiting for the 8 ema to bearish cross the Rolling VWAP on the daily. its served as a strong signal for trend in the past. 1.618 fib was hit from breakout, has been climbing while MACD and RSI have steady dropped, divergence is perfect for a drop to 190-195 in due time. Ive been loading the 200 stike puts 2 months out, will grab ITM once these two bearish cross and let them ride. Buy ample time and let the printer do its job.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.