The markets have been trained for so many years that the Fed has its back blindly this has changed for the moment so few have grasped.
Liquidity is not in the markets favor leading to the start of asset deflation until this changes Deflation will gain strength.
TSLA puts 2.5K for Nov16 305 are looking poor.......downside 2.5K will let it ride at this point and expire upside stock will have to drop below 305 by next Friday to be "in the money"
Will buy another 2.5K of TSLA puts next week....
As a not so gentle reminder the forces that has driven so called markets to heights beyond our wildest imagination are now working to drive these markets to levels so low even Satan will be saying "Welcome".......
Position accordingly.......Long TZA added back Long UVXY@59.11