So far this week, the Diamonds have barely improved on the dubious gain they achieved when they gapped higher on Monday’s opening bar. Still, we’ve got our fingers crossed, hoping for a finishing stroke to 107.61 by week’s end.  That’s where I’ve recommended buying four September 104 puts, using a 20-cent stop-loss on the put. If you buy the puts with the Diamonds trading at or very close to the target, your theoretical risk, commissions included, would not be much more than about $100. Please note that if the stop is hit, DIA should be presumed headed to at least 108.75, the Hidden Pivot target of a lesser pattern.  We’ll want to try shorting there, again using the Sept 104 puts and a 20-cent stop-loss. We are currently long a bear put spread three times @ 0.76 — short three August 102 puts against six long August 98 puts.