My first bear put spread, so please don't tell me that I am an idiot. I already know that.
Okay, so last week I got a SPY bear put spread. 108 and 104. It costed 1.00. The market tanked. Hurray for me. SPY is at 104.3. I would love to get out at 3.7, but that stupid 104 put is at 2.57, which...