I dont see the value in purchasing fattened put options even though I feel the drop will continue. Seeing we already have a double down QQQ put out there we are just going to sit on it.
I expect the market to blow off yet more steam as investors have a good think about the market. They have decided to start selling seeing that there was an actual raise of rates. In looking at the chart on stockcharts, it looks as though the RSI and the MACD are showing that there is plenty more drop to come.
Until tomorrow,
Tradinginsider
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