IWM Follow Up

Notice I didn't close any equity shorts like SRTY, that's because I want something long term in place for a trend trade, for my use, options aren't well suited for that.

While I'm sure with a chart like this, one of the nastiest Channel Busters I've seen...

 I have little doubt the January calls would be fine, but if I can take the momentum / profit and then enter at a cheaper price on a corrective move, why not make that gain twice?

Here's the P/L for the Jan IWM $112 Puts just closed...

The fill was $3.97 so the P/L was a bit less at +40.7%

I'll definitely be looking for a new entry there.