Chop... Chop, chop, chop. Hate chop!
We are closing on either side of the 8ema daily. Held the Put option because if the pattern holds, we should go down tomorrow. We can't tell which way the chart will break, up or down.
We're chopping around the 8ema but we haven't broken up through the 20sma. If that continues to be true, we'll probably break downward and find support at the 25.02 area. That would be a good time to sell the Put. So that's the current plan.
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