Why I bought a few $SPPI puts Friday

Firstly thanks to Open Outcrier for bringing the chart to my attention

This is the "whack" he was referring to

I found that very suspicious given I couldn't find a catalyst to cause a drop like this, so I bought a gamble 5 $7 March puts, figuring worst case I lose $150 and best case I double my investment;
As you can tell from the chart what ensued a/h was some serious selling ... at which point of course I wished I had commons that I could cover (no a/h options market), so had to wait patiently to see where it opens Monday morning;

Well it opened high 5s then crossed to 6 so I sold all ... 

// UPDATE:
Another recommended follow on Twitter tweeted me this:

Had I done that I'd locked in $800 instead of $300 - expensive lesson, but one worth learning