Subscribers hold 16 December 400-410 call spreads with a cost basis of 0.40, predicated on a 411 rally target. With 25 days till expiration, a stall or swoon could be fatal to December premium. Accordingly, I’ll suggest taking a partial profit if the opportunity arises, closing out eight of the spreads for 0.80.  Mark this offer good-till-canceled.  Nearest Hidden Pivot resistance above: 359.57. If buyers shrug this one off, we’ll be in great shape come Monday.  _______ UPDATE (11:17 a.m. EST): The Dec 400-410 call spread was 0.96 bid this morning and currently an easy sale for 0.80, so I’m going to record eight spreads covered for 0.80.  This will allow us to hold the eight spreads that remains for 0.55. That number fully discounts the cost of twelve DIA December 145 puts that we’ve been holding, in ‘straddle’ fashion, as an offset.  Total risk remaining: $440.  Incidentally, you should keep in mind that some horrific black swan event could turn the puts into winners. Check my DIA tout for corresponding advice, since the puts still have value. _______ UPDATE ((December 2, 1:20 a.m. EST): To neutralize our risk, offer four of the spreads to close for 1.10, good-till-canceled. This spread was do-able on Friday with a little work.  I am also reducing the cost basis of our spreads to 0.40, since subscribers have reported closing out the twelve DIA puts for 0.10.