I was out of daytrades, so only got this one on paper. I saw the drop and was just waiting for it to bounce..
It did and I had to decided if price would continue DOWN, or start up now..
I decided to try to catch either a small bounce UP, or a full on change in direction and catch price on a rise back UP to average.. either way, my target was small enough that it should get hit..
I didn't have to wait long at all. Even though my target was just .35 (50% of premium), price was jumpy and the platform had some good (good for me for a change) slippage and I got .50!