ES1! Continues down

Watching for consolidation at 3800 and 3700 level. Will continue holding Short Call position until reversal signs show back up. Will then go deeper into Short Puts.

/ES -- Live Options
Sold
Call @4400 July EOM @ 17.50 (7.25)
Put @3500 Juley EOM @ 15.50 (37.75)

거래청산: 스탑 닿음

Call Exited
Put still in play / holding

Market by way of "stockcharts.com/freecharts/dpgallery.html" appears oversold. Confidence in the market swung on CME to .75 90+% confidence when market fell out and thus my assumption is that we go up as seeing this in the market as a good supportive move by the fed.

If I wasn't in this position would probably enter into buying a straddle to play the news.

Brodeur