The morning sell off hit the stops on EMN and WLT and their long puts. It also gave us entries in TRV at $49.50 and AXP at $33.25. Unfortunately the AXP drop continued and stopped us out again for a minor loss.

TRV is still looking strong and this might be your chance to enter this position if you haven't done so yet.

Sell September $50 Put TRV-UJ, initial stop loss $49.00

More tonight!

Jim Brown