I should have done this yesterday or this morning. Big mistake. On the weekly t/f this still has downside (229-230). This is a strong bottom and should hold. If this allows you to take a shot at 230P on Monday, do that. But also be ready to add some calls when it gets there. I will cost avg my Aug calls.
Short this to 230 and long after that.
Mistake made but hopefully it wouldn't hurt me much. Hoping.