If there’s another whoosh down today, I’ll likely do a little trimming of my index put hedges and I might do a little more buying. For now, I’m going to do a one more small trade this morning. I’m buying another TINY tranche of AAPL call options with strike prices around $200 that expire in February. This will likely be my last tranche of these call options.

I’ll see you all in an hour at 11am ET for this week’s  Live Q&A Chat tomorrow. I’ll also take questions over the phone on our conference call line (Dial-in: 641-715-0700 Access Code: 709981) or just hit reply on this email to send us your question.