A few possible trade set-ups heading into todays session.
$JNK continues to look ripe for downside. Momentum is trying to turn as evidence of the last two days of trading action. Also a shorter term topping pattern looks to be in place.
DEC monthly $36.50 puts offer a high risk/reward trade on potential downside. A move like we saw at the start of November would turn these options into 300-400% gains.
$XLE continues to show strength and yesterday broke back over $70. While it wasn't able to hold the early gains a possible bullish scenario could be playing out into 2018. One that puts $XLE over $80 in the first part of the new year.
Jan 2018 $72 calls are $.50 offering both time and value for a potential breakout into the mid- $70's over the next few weeks.