Hi Shoppers,

I am thinking all these dojis in the major indexes are pointing to a possible rally this morning.

To take advantage of this, I like the ProShares UltraPro Short S&P 500 (Ticker: SPXU):

Wednesday’s doji may be an indication of SPXU to trade lower.

Looking at next week’s puts:

Be sure SPXU is trading lower for at least an hour before placing your trade.

Depending on where SPXU opens, I like the Dec16 15.50 or 15 puts.

Buy the put that is closer to at the money which will have the higher gamma.

I think SPXU could possibly trade back down to $14.

Thanks for Reading … See You Next Tuesday.

Licia Leslie