MU put vertical

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I bought a put vertical in MU today with 50 long and 47 short strikes for a debit of 1.11 which risks that to make 2.89. I think the market has discounted the China tariff trade war too easily and need some negative deltas in my account. This is a short term trade with more of a scalping mentality and contradicts the covered call I have in UCTT. The risk/reward on the call credit spread did not seem optimal and with news and such even if only volatility increases, I should be able to close for a scratch. Will manage this one as quickly as possible (25%) will be fine.

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تم إغلاق الصفقة يدويًا

Closed this trade out today into strength for exactly what I placed if for.... 1.11 Just too many people loving on this stock and no need for me to try to hold this down to the wire. Granted October is still a ways away but when theta is working against you it is better to admit you are wrong and look for a better entry or a better trade.