I am giving this trade more time than I usually do to avoid theta decay and to allow time for significant selling. If another market selloff starts soon, RSI will move back below 50 and I will see other indications to hold. I am using limited capital so I can hold for at least one week, even if price moves higher. Also I bought puts when stock was around 298, so I have to allow 305 to hold as resistance and still accept the loss if I have to exit.
Trade active:
This position lost value mid week and was close to my buy price on Friday. I bought 18Mar 225 puts at 5.80, with a small position size. I did not add more when price went up over 320 because I did not want to risk more capital in this trade.