SPY - Wave analysis - Continuation of a Continuation

Sub-sub-wave 3 is not over - it hasn't crossed a full retrace of sub-sub-wave 1 yet.

Sub-wave 3 has already fully retraced Sub-wave 1's length, and has the potential to extend on sub-sub-wave 3 or sub-sub-wave 5.

Stay in puts. Hard to say when sub-sub-wave 4 will hit, but the massacre after will not be worth missing. Sub-wave 5 is bound afterwards.