OUCH....this went completely against me from the start. I took a large position knowing the stock is going to come down and it immediately jump up when I bought my Put option, cut losses as fast as I could before it could get worse. Worst part is that I was 30 min to early as it came right back down and I would have made a huge profit...oh well, I will learn from this to help better my timing. Also, why it's important to not go in with too much size for this reason.