### Comment:
I see $83-$84 as a hard-support. A drop to $80 would be almost 3 standard deviations away from its normal correction pattern. $SQ is majorly overpriced, so it woudn't be unthinkable to hit $80 but it would certainly be the time to stockpile Nov calls for $85-$87.

### REPLY:
Good play. I had some SQ puts that I sold too early. That last run up was far too hard too fast.

### END.