We hold four July 96 puts for 0.70 on a hunch.  They are apt to get bludgeoned anew when Sunday night’s short-squeeze has its intended effect on Monday morning’s opening.  Hold tight, for now, though, and look for a possible key reversal at the targets given for the Diamonds, E-Minis and the Dow.  _______ UPDATE:  Buy four August 98 puts if DIA gets within 0.05 points of the next Hidden Pivot resistance above, 105.92.  You should be prepared to buy four more August 98 puts later if the Diamonds get past 105.92, since that will imply they’re going to at least 106.73 before a top is in.  We are going out to August because the remaining life of the July options will be shortened not only by their July 15 expiration date, but by a holiday weekend.  _______ FURTHER UPDATE (11 a.m EDT):  With DIA having topped so far today at 105.96, we bought four August 98 puts for 1.28 (they traded down to 1.25).  The Diamonds have since pulled back to as low as 105.33, but keep your powder dry to buy more puts in case this vehicle pops to the next target.  The 0.05 overshoot has NOT increased the odds that this will occur — we’ll simply consider it the margin of error. _______ FURTHER UPDATE (12:42 p.m. EDT):  Using a 1.50 offer, exit half of the puts purchased earlier this morning for 1.28. With DIA trading 105.10, the puts are currently reflected at 1.47-1.52.