here is how our longer term put is doing

Our longer term put is at this price:

SPY Dec 2015 210.000 put (SPY151204P00210000)

-OPR

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4.10 1.26(44.37%) 2:27PM EST

Prev Close:	2.84
Open:	3.23
Bid:	4.01
Ask:	4.11
Strike:	210.00
Expire Date:	4-Dec-15

Day's Range:	3.19 - 4.60
Contract Range:	N/A - N/A
Volume:	422
Open Interest:	1,935

We have seen that the market is starting to drop and I think it will continue to do so. We got in on this put at 3.31 and it is currently at 4.10. It is difficult not to sell and lock in the money. But we are going to hold for another few down days.

Tradinginsider