Big Picture A quick follow-up of our big picture indices, two in particular which seem to be leading the market down: QQQ Daily IWM Daily These two recommended option positions, QQQ and IWM are taken from our PRO and Premium option trading portfolios: PRO Premium All of the put positions set out above are poised for serious gains if the market enters a fresh leg down...which is apparently exactly what it is doing. Oil Calls Meanwhile, Oil stocks are signaling superior relative strength, which is well covered with these PRO positions: PRO Oil Calls Note: RIG & CVX - Stops moved up, become 50% Trailing above +100%, both seem to be following in footsteps of our XOM position from Jan 21st.