IWM April 95 Put P/L

Here's the fill and the reasons for wanting to close this position, we still have open positions in options to capture further downside as well as Equity shorts. I believe the momentum is worth more right now than an eventual lower low that has time decay eating in to it.

With the fill at $2.16, this position ended up with a nearly 17% gain. It's not huge, but for a market that has only moved -0.26% over the last 3 trading weeks, it's not bad at all.

 I didn't like the non-confirmation of the IWM's opening, the 3C chart suggesting the IWM would move to the upside as we have expected from the market in general until the SPX makes its new nominal high, furthermore both this morning's ES and NQ futures were showing intraday positive divergences and below you can see that the R2K futures are as well.

R2K/IWM Futures with a 1 min positive divergence this morning.