I bought this put on 2/4 for $8.40. My profit target was to get to $23.00. Today I saw the stock trading around $23.40 and was trying to decide whether I should get out or hold on. Then I noticed that the stock has formed a falling wedge since the last bounce, which is usually a bullish pattern. So I figured that it was more likely to break out to the upside of the wedge and went ahead and got out for a decent profit. As it turns out, the stock did fall to below $23.00, so I left about $30-$40 on the table by getting out early, but I think given the presence of a bullish indicator, I probably made the right choice.
