We hold four April 53 puts whose cost basis has been reduced to 0.37 by profit-taking on March 57 puts that we rolled at expiration. Since the most we can lose on the entire position is about $150, we can forget about it for a while.  But just in case, enter a good-till-canceled offer to short four April 50 puts for 0.40.  If successful, we’ll have legged into a $3 vertical bear spread with no risk and $1200 of profit potential. Regarding the Cubes, the hourly chart will remain bearish until such time as 58.37 is exceeded to the upside.