Editors Note:

The futures have been down sharply and up sharply in afterhours and now they are just slightly positive. I see no reason to rush into the market. The decline in individual stocks was not enough to create any bargains and the option premiums have inflated because of the volatility. I would recommend buying a real dip if one appears. Until then it is a game to be watched from the sidelines. I never recommend buying new high breakouts on the market. That is a fool's errand in most cases. Today's spectacular reversal is a red flag until proven otherwise.



NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays