Let's review the charts and indicators.
I'm still optimistic about some good trading developing but today is not the day to push too hard.
When markets move lower, price action reveals names that institutions are reluctant to sell.
That's the period of minimum risk.
There is only one fact that truly needs to be understood. The virus is still in charge until it is not.
The big-cap technology names are still more extended than much of the rest of the market.
The shares are now below the rising 50-day moving average line.
I think that when I see the kind of across the board give up as we have today, I think it's healthy not toxic.
This is a pretty inexpensive play on AAPL catching a small bid.
Can you close long puts in the pre-market? This could apply to calls as well, but the blunt answer is no, you can't.