Anything running too fast while defying fundamentals and technical analysis is just worth being careful. As they say, do not try to catch a fast running stock, as you do not have a well defined stop loss. Just my opinion. You may take the risk if you can (or like). This is Weekly Trend Analysis. Good luck!
Looks like FED just wants to punish the PUTs ignoring fundamentals, current situation, and has immense pressure of upcoming elections. This is just an opinion. Let's see where does it takes us to...