Today is March monthly expiration. As for any March option rollovers, we have previously added IWM Apr 17th $245P to cover bearish positioning on stock indices and for now will withhold any further rollovers pending further developments next week. That said, more aggressive traders can buy QQQ Apr 17th $550P, but for now we will officially stick only with the IWM puts. QQQ Apr $550 Puts IWM Apr $245 Puts QQQ Daily A break below $580 would usher in a decline to $450 and unless it all happens in one day's big ugly market crash, there will be plenty of time to add QQQ puts then...and if it is that one-day crash, we will have our IWM Apr puts to ring the register.
