Option_fan, what kind of stoploss do you keep with options? I must be the most stupid options guy because earlier this month I bought 5900, 5800 & 5500 puts for 26.55, 24.55 and 13.55 respectively.. Sold 5500 puts for a loss, and got out with 3 rs. profit in 5800 & 5900 puts each.. I thought I was being smart, then those things went up to ....... to the sky..