Early Update

The action is a little frothy, a lot of the calls we picked up yesterday are up decent, you might consider taking some profits in them, I'll probably hold for a while longer.

The USD/JPY isn't doing this, it's actually the SPY Arbitrage as TLT gapped down and HYG is up, VXX is about neutral, but that and probably some chipping away at the ask stack is what's causing the early momentum, I'd expect a pullback or lateral move some time soon, although if the momentum kept on steady, that would be the psychological weapon they need.

SCO from yesterday is doing well, the SPY calls as well as the NFLX calls, I'm hoping MCP will fire soon.