Now price will settle down going get a lot shitter from here, today. High this week is blown out, by a tick BFD. I saw it coming. They got what they wanted.
Today might be THE day they telegraph this is lower (or higher). Let;s see what they do from here. Let's see where they play this. When this happens, will be subtle.
I thought the same thing here...will probably open a straddle or strangle on QQQ near the end of today for exactly that reason
It's this: Edit: Blue line is tomorrow's theoretical profit (no change to volatility), and orange is profit on expiration.
4 more hrs of trading, let's make it happen. price will not stay right here, that much I'm confident.