But I've decided to get off... disciplined approach always works best... and I more than tripled my money there so I've dumped the NEW MAY 12-1/2 puts. Time to "put" money to work elsewhere. Interestingly, only a few hundred of the May 12-1/2's have traded on open interest of over 8k as the crowd waits for further downside. A triple is good enough for me in the space of a few trading days.
EDIT... I had the MAY 12-1/2, not the March as I originally posted.