ABNB is down another $7.50 at $135.50. The NQ just traded down almost 400 points to start the day, and then popped higher by almost 350 points. I don't think we are done going down today, and this market probably has another good spike lower at some point before the close.

The S&P Futures traded up more than 6% from Monday's low to the high of Wednesday at 4,303 and gave almost all of it back at the low today. That type of uncertainty is not indicative of a strong market, to say the least.

The NQ traded up 6.6% from Monday to Wednesday then just traded down 7.6% in 48 hours. Protect yourself in these markets because this may not end well.

Place an order to sell our ABNB $140 - $131 put spread at credit of $5. It is currently trading at about $4. Our max profit is $9 if it closes below $131 at the end of the day.

If we don't get executed at $5, then I will let this put spread ride until near the end of the day and close it out at whatever price it is at to avoid getting assigned.