And the bulls continue to buy!!
On Tuesday afternoon when the market reversed I added 2 – 930 butterflies back into the February Bearish Butterfly and yesterday bought 5 – 880/890 call verticals on the February M3 trade.
Any significant, or even a fairly small up move will create additional intraday Bearish Butterfly adjustments today and possibly additions to the ROCK and Feb M3 Trades.
For Options tribe members, any changes today will not be posted on VTF as I will be out of the office and the changes will be done on the road.