Took about 25% of the Feb. $118 Put off the Table

The position was a bit larger than I wanted. Just yesterday I was talking about how fast this would turn around...

"I do want to point out I was talking to a member yesterday about the IWM Feb. 118
Put which was down -24% yesterday, I said, "That can change very quickly with that much time"... today it's down only 11% of position, not portfolio."

And today it's in the green. I wanted to capture the initial momentum on the opening downswing seeing that it is still an op-ex day and we are still learning the new rules that apply to trading this market.

 I ended up closing 20 of 80 contracts for an 18% gain.