Reminder,
this is trip witch
this is option expiration week.
big money loves to screw both bulls and bears (in terms of put owners and call owners)
On Monday the call owners got screwed, that means either today or tomorrow the Put owners will get screwed.
...wait a minute, vol, is this turn around Tuesday?
can anyone out there who looks at option open interest tell us where the likely price point for screwing put owners would be?