SQ reverses SHORT below 53.07. It is trading below that level now, but the official trade window is still two hours away. Early entry is optional. If this market starts slipping away, it may be time to take the trade, window or not. If triggered we will be buying the May $50 puts. Support for SQ is initially mid-40's, then high 30's after that. The puts are currently trading at 3.30.
