Despite yesterday’s swoon, the Dow still looked bound for at least 11367.  The equivalent for the Mini-Dow is 11327, as noted earlier, and for the Diamonds 113.68.   As before, we’ll try to short DIA by buying two December 112 puts when the target is reached.  I estimate that they’ll be selling for about 2.38, but the best way to buy these options for a fair price is to simply monitor the spread for them as DIA closely approaches the target. _______ UPDATE (10:01 a.m. EDT): The exact high so far of today’s QEII short squeeze is…113.68. This has allowed us to buy two Dec 112 puts for 1.96. (Option volatility got CRUSHED by the rally.) We’ll risk 0.16 apiece on them, stopping ourselves out if they trade down to 1.80. I estimate that DIA would need to be trading for around 113.95 today to trigger our stop. _______ FURTHER UPDATE:  We were stopped out at 1.80 for a $32 trading loss plus commissions.  Although the Hidden Pivot resistance contained the gap-up rally that began the day, it was no match for the second-wind onslaught now in progress.