This is gamble.
If current swing is wave#5, it will pull back to the beginning of Wave#4.
Using option, to get Max Reward Risk Ratio (RRR) 10:1
If it will Gap down below 320, that will be island reversal.
Short 326
Stop 336
Target 250
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan should be less than 1% of an account.