JPM's Collar Option Trade

The S&P is sort of floating away and negating the idea that there's a head and shoulders topping pattern, right? So what we're doing now is we're sailing to a new high and we've got to figure out where this is going to fade out and pull back. Colin: Does this market have anything to do with JPM's collar option trade? It's very specific. I don't know if you're watching this but 4320 on the S-P is an important number.