Could be. It is getting over bought now though. I am still shocked I made money selling puts here in this market. My other uncovered put positions did not go well. Now I think I will try playing this short near term since it is approaching 30. Appears to be topping out here. I have no idea why the institutions suddenly changed there mind here, but even if the sentiment really changed 180 degrees they are not going to run it straight up. It will pull back and step up with higher highs and higher lows if indeed the trend has reversed.