RSI

June 11, 2016

An update the bearish call I made a couple days ago.  The July 8th 212.5put cost 3.36 on Wednesday.  The market is down triple digits today and right now the 7/8 212.50 put is bidding 4.71 or up 40.17% in two days.  Wow, that is fun.  Keep in mind that if I was wrong and the market went up then the put could have been down 40% or more. 

 

 

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