We usually seek to get short at the ‘D’ targets or midpoints of rallies, but just to have a piece of the action if shares should plunge, let’s bid speculatively for a very small put position in this vehicle. Bid 0.84 for two August 33 puts (QAVTG), good for the first 10 minutes of the session; then bid 0.81 for two more, good for the remainder of the day. _______ UPDATE (10:07 a.m. EDT): We missed buying puts on the opening for 0.84 but were able to buy two of them later for 0.81, as recommended. Do nothing further for now.
