Entry comments: Thesis: headed back to where it normally trades at under $4. Maybe I am right, maybe I am not, but there is also huge open interest on the puts around this strike price, so I will be right/wrong with the smart/dumb money :-).

Exit comments: Closed out this PUT at the strike price, the stock fell early in the day, then bounced around the support level which is right around the strike price. I still have 2 more PUTS for 02/20 at this strike that might get ITM if this is not the bottom.