Midday Missive

Best match today is GOOGL @ 805 its 50 DMA resistance
matching 2123 Spu’s.

Nasd 100 resistance starts today @ 4772

This would be the lowest risk matching levels for a contra-trend scalp
or to buy portfolio insurance for long only managers.

I’ve been perusing the DIA puts for the private wealth crowd for portfolio insurance.
175/170 put spreads are app 40 cents for WED or 54 cents Friday expiration.

The prudent Bull should have some protection.

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