Fascinating chart rabbit!
Great anaylysis!
I was noticing the same thing myself! And I have been purchasing way-out-of-the money puts the last coupla' days...as this market seems to be losing steam when it should be gaining it...
July 32 puts are currently .28 the 28 puts are only .08
If this thing follows the pattern it could be more monster profits...even better than the first topple from the top eh? Wow, look at that secondary plunge...
Cheers!