Well I did it again and for sure it is the last time. Expected a drop in Feb so loaded up on QQQQ atm 48 sp puts at $180 . Decided to reduce my cost a little and sold the jan otm 47 puts against them for $30 shortly before expiration. Aghhhh. On a big drop like this the otm's went itm pretty quickly and I barely broke even when I had to close it out.