It really started to run away at the end there. I took a stab at this gap with some SPY calls for next friday. The DOW still has to close at 25003 tomorrow to really confirm we're not done with this rally yet. I think the market wants to shake every last short out before it turns back down.
In case you didn't know, I love JNUG. JNUG never fails to give you volatility and the option side of the trade is strong. My sold calls performed great this past week and I closed them out today. I'm now back in for potentially more shares with a couple of trades where I am selling puts.
I'm expecting to see the price move back up into the funnel.