MAKE OR BREAK Update 7: It Broke. Long Dec 31 2019 292 Put @ $1.69 cost basis closed at $0.48. New Hail Mary position opened : Long 1 Jan 13 265 strike Put @ $0.19 and the main position: Long 1 Jan 13 300 strike put @ 1.16.
Next 10 days is critical until Dec 27. It is not a solid line in the sand as nothing seems to be yet. But that is general marker. Looking for a correction and wait. 10% above the next level down, which seems to be at the pink dotted line, will be the exit.