I did think twice about the price going back up to and maybe thru the 61 at 97.80 but decided to Sell anyway. maybe it'll only get down to around 89 although I'm looking to see if it'll break it; but, there's an upside risk of the price going back up to 100
welll my play is a term structure trade.. so it is bearish the underlying and as well its short the curve.. so if it goes backwards it will hurt me..
just to say I won't update here again, instead I'll be posting trades in my journal - The Wallace Trading Method