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TYG6 111.50 puts 11K given at 0-09.
The trend structure in S&P E-Minis is unchanged, it remains bullish and the latest pullback appears to be a correction. However, the contract has pierced support at 6901.43, the 50-day EMA. A clear break of this average would strengthen a short-term bearish theme and signal scope for a deeper corrective pullback. This would expose support at 6771.50, the Dec 18 low. Key resistance and the bull trigger has been defined at 7036.25, Jan 13 high.
OEG6 116.25/117/117.25/118.75c condor vs 115.5/114.75ps, sold the condor at 27.75 in 14.4k (ref 116.50).