The play is still on technically. Until I'm proven otherwise, this is the trade. The play I've got on is a 24/26 put credit spread, and it's up 22% on risk, and I expect much more to the upside. This sucker's going in an iron condor if we get a run up to 33-ish.
Here's what I called out on stocktwits the other day: I was basing this purely on techincal analysis. Here's what I saw in the chart: I knew that at that price odds were in favor of more demand coming in at that price. Now instead of picking up straight calls or stock, I chose selling