### Comment:
What do you mean hold-up? The IV?  
  
 My puts are @ 300% IV. I guarentee they will drop to around 40-50% at best, which is most of their value. 
  
 If you have some 66p, then sell 64.5's and line up your safety net :) 
  
 GL brother.

### REPLY:
Rip in pepperonis

### END.