News over techs

Well, I waited out this morning for as long as I could to see if anything positive would shake out, but the technical charts were overridden by news:
The U.S. oil benchmark CLG6, +2.39% rallied more than 2.5% to trade at $37.74 a barrel, rebounding after a 3% slump on Monday.
“Most of the gains on Wall Street are linked to oil price moves and it looks likely that the trend of tight correlation between stocks and oil will continue in early 2016,” said Randy Frederick, managing director of trading and derivatives at Schwab Center for Financial Research.
Frederick noted much of what happens in stock markets next year will depend on whether oil prices stabilize and whether the dollar keep appreciating or not.

What does this mean for our DD put options? Not good things. I am going to have to take a hard look at them and the expiration date on them and try to pull something out of my keister. I shall return.

Stay tuned to see what Im going to do...

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