The Investment Thread

Terrence said
Depends upon your conviction.
I would take the profits. When you bought it has been a ride, where you were in the money bigly, then not, now again...and TSLA has shown that puts normally do not work. You could take and look for another entry before then, if that is your conviction.

Since there's time remaining on the put, he'd probably be better off holding until it expires. There is some risk exposure still, but other options can trim some of that risk.