Best strategy is to sell all of your November puts today when it hits $128 or $127.50. AMZN won't get lower than that. Then using the proceedings to buy December $130 when it rebounds to $130.50 or $131 in the next few days.
I'm thinking of salvaging whatever I can and selling today. Part of me wants to hang in there on emore day,b ut it may be too risky. Maybe we can hit $128 today. If that happens and we have a down day tomorrow we can get close to $125 but not sure what I can get for those puts tomorrow since they're $125 puts.