any advise will do

[Maddog]

Bought 9K of topsbz 2 weeks ago as an insurance for my portfolio i figured with all the turmoil if the market dropped at least i would have some protection I have been busy at work and did not keep aneye on them and now those TOPSBZ are worth 4,5K Should i bail out or wait till the end of the week and hope for a slight drop in the market any predictions for the rest of the week

[Preston]

Just my opinion take the R4500 , but i suggest that you take the advise of similiar trader.

[Wizard]

There is a difference between buying an option for speculating purposes and hedging like u have done. If u think that the market may come off then u have to keep the put! If u feel that the risk on the down side is reduced, then your put has done its job and it will be time to sell!