We likely have a 1.3% rally left before any type of fall . We are trading in this pennant formation likely to break down next week but for this week it looks like we can still rally hard .

Fredo in the cut OP : NFA of course but id play the 592 calls on friday if we look good

WarlockofWallstreet : Im with you on this call, my only concern is VIX being so volatile.I belive it still might move up another 13% ish . Now the one thing I am not sure of, is will it go up or down first. Given the Gravestone red Doji on the daily id assume down would preceed the upwards movement which  coincides with what you say as well, but sucks for me as my puts expire before my calls (I am only speculating here.)