trading

As any trader should do, puts that were bot on friday were sold on Friday's close

The market did NOT repsond to an oversold condition in the AM on monday and openned down 100 pts, and by 10 am is now only off 26 pts.

Catching the open low for closing out an option would have been some what frustrating unless you had it in for a price which even then may not have gotten struck.

Now we have to take an overall view this week.
Expecting a more serious low on WED and possibly even Thursday, I do intend to buy back puts today.
First time zone would be at 10:20am, but the unltimate time might also be later in the day.
Sure we try to get he extremes, but thats not an easy task, and only happens on occasion.

If the ultimate target for this week is under 13K, then it matters not to catch the ultimate price, but it matters more to be in. Of course that all depends on your view of the direction this week.

Jay