Big BIG drop today

I am not seeing a fade today. It seems just to be one way. So I am going to reverse that daycall, exit it, and go into a day put in order to recover the daycall loss. Here is the entry for the day put:

QQQ Jan 2016 101.000 put (QQQ160115P00101000)

 -OPR

0.82  0.75(1,071.43%) 12:04PM EST

Prev Close:	0.07
Open:	0.96
Bid:	0.75
Ask:	0.77
Strike:	101.00
Expire Date:	15-Jan-16

Day's Range:	0.32 - 1.10
Contract Range:	N/A - N/A
Volume:	22,117
Open Interest:	18,342

Here is the exit for the failed daycall:

QQQ Jan 2016 101.000 call (QQQ160115C00101000)

 -OPR

0.28  3.01(91.49%) 12:16PM EST

Prev Close:	3.29
Open:	0.69
Bid:	0.27
Ask:	0.28
Strike:	101.00
Expire Date:	15-Jan-16

Day's Range:	0.25 - 1.17
Contract Range:	N/A - N/A
Volume:	11,744
Open Interest:	3,330

Quotes delayed, except where indicated otherwise. Currency in USD.

Now this is what I hope to accomplish:

1. I hope to regain the daycall losses
2. I still have that overnight end of day call hanging out there. The news about oil and asia destroyed it. But thats cool because I will double down with a end of day call at the end of today if a clear signal presents itself for recovery or further drops. If no clear signal presents itself, i do nothing until Monday.
3. I will sell this day put in about 3 hrs. I want to see what happens.

So on the surface it looks like I just got whipped around today. But the important thing when you trade and everything apparently goes to total shit is to stand fast like a captain on the deck of a ship that is getting hit by a hurricane. Keep your wits about you and keep operating, planning, moving, even though you have that monkey voice in your ear shrieking that its all going wrong.
So with a calm head I have to counter the wrong daycall, and counter the wrong overnight hold. I counter the daycall with the dayput, and the overnight end of day order will be countered with a double down at the end of the day today and if no clear direction presents itself at the last 10 minutes of trading, I will wait until monday to see what shakes out. Then if monday there is a clear signal at the end of day, i will movie in with a double down to clear the ledger of the failed double down from last night.
This is why it is VITAL that you have 15-20 different piles of money that are sitting on the side that you can huck and shuck with, move around with to counter things when you reach in the hat to pull out a rabbit and instead pull out an angry person that is wondering how the hell they were just drinking coffee in thier kitchen and suddenly are being pulled out of a hat. Everyone is suprised.
That 15% of the time when news hits the wires the statistical and technical analysis is out the window. You have to wait for it to settle down so the techs go back in force and start to be able to call the direction.

I will keep up to date. Also looking at the Walmart pick.

Tradinginsider