Trade Idea: XLF Short / PUT

I would add to my FAZ long in the trading portfolio, but it's already near full size and adding to it doesn't make much sense considering transaction costs and it's not down by much.

However my point in saying that is that I would have no problem opening a partial position short XLF using FAZ 3x short or SKF 2x short.

I'm going to use April $23 puts, but at half normal position size as I think there may be a little bounce or at least some lateral movement and waiting another day to add the rest may get me a little better pricing, in the mean time I still have the exposure.

I'll be positing some charts shortly.