Opening (IRA): IWM October 14th 160/December 16th 194 LPD*... for a 26.09 debit.
Comments: Short delta hedge against a long delta portfolio. 26.09 cost basis on a 34 wide with a 167.91 break even, a 7.91 ($791) max, and a 3.96 ($396) 50% max. The preference would be to put these hedges on in strength, so probably not the best setup as a standalone trade.
* -- Long Put Diagonal.