Thinking of going long Jan10-90 Puts. Target is somewhere in the recent gap (ideally the close of the gap, but we'll see how it responds). Pro Huge gap up, lots of open profit on the table Didn't participate in yesterday's run up Declining volume over last 3 days. Smart money was long before the takeover. Cons Buffet has endless dollars Market on a tear Using my usual 2ATR stop. Any thoughts either way?