Does anyone in here ever notice that options tend to reach their highest/lowest prices during the fastest part of a move and not necessarily the lowest/highest? Spy puts spiked in value during the down move late today as price was pushing down through 1370... Then after price was drifting sideways for a bit at 1369.5 they were worth less than when price was cutting downward through 1370.5>1370 like a knife. I always see this... It's better to sell your options during the fast part of a move than wait till price starts to drift. Prices are MUCH better.