### Comment:
No you can't exercise before the end of the contract (with American options trading).  
  
 The market thinks it will keep dropping so they're willing to pay more than the current value for your option.

### REPLY:
Hey man can you explain this? 
  
 http://i.imgur.com/OLruaTf.jpg 
  
 Thats pretty sketchy looking, and it has me wondering if i should bail

### END.