I am long put 3 x IWM contracts into COVID fud and this range being formed on IWM. Small cap seems to suffer the most during covid uncertainty; tech is too strong to be shorted. I am confident that we will see more downside but if this range is broken to the upside I may switch long. Mainly dependent on whether COVID cases continue to proliferate or if the USA gets it under control. Betting on more bearish action, but we'll see kang gang