Chinese penny stock, a borker deal let chinese trade u.s stocks from mainland, which is illegal in china The China SEC warn TIGR, which caused a big gap down on daily chart. It is popping with small volume, I took some 2/17 4P puts. It may pops to 4.2 level Bearish on the long term and believe this penny stock will go to $1 eventually however, short term anything can happen Q1 start will drag index, which may help my position. I always assume my position is wrong at beginning, so i will take the lose and accpet it. the best loser wins