It pains me to say this as its my largest holding but I went short on $SE yesterday at the top because of three reasons. (1) it was curling upwards in an exponential fashion looking like it wanted to put in one blow off top before it fell. (2) It was extended from the 8 ema the same amount it always is when it pulls back. and (3) The market is ripe for a pull back. I went with 9/17 $340 puts which I sold today but it looks like we've now fallen more after hours so I think I'm going to play another put tomorrow for $325 for it to head to the 21 ema. It'll be my hedge to keep my shares intact.