The MARA Aug $30P is now up triple digits. Three trade management ideas: (1) Exit now, take the +100% and wait for next trade. (2) Sell half: Gets your initial stake back, reduces risk to zero, and leaves 1/2 position on to hold for additional gains. (3) Trail a 50% stop so worse case, the trade returns 50%. Big picture comment: This morning's retracement rally is sharp, as are always bear market rallies, as well as being brief. Dow has now retraced about 50% of yesterday's decline, could go as high as 61.8% before reversing,