The short I’d suggested from 1148.20 Thursday night worked perfectly and painlessly, producing a theoretical gain overnight of $720 per contract. There is huge additional profit potential for anyone still holding a portion of the original position. If you want to swing for the fences, the 1044.50 target shown is what you’ll be shooting for. The implied gain on a short held from these levels to that price would be nearly $10,000 per contract. For now, assuming you covered half the short position at 1141.00 as implied in the previous tout, cover 25% more at 1133.90 and make the bid o-c-o with a break-even stop-loss at 1155.40 for the entire position. ______ UPDATE (10:35 p.m. ET): The 1133.90 target given above caught the low of an opening-hour swoon Sunday night within a single tick, allowing traders to cover a third of four contracts shorted from 1148.20 a dime above the so-far low of the night. The short contract that remains has an effective cost basis of 1176.90.  This is exactly  the sort of cushion we need to “swing for the fences,” as we’d intended.  Let the position ride!