It may take a while for this to play out. As explained elsewhere, I already sold some put options in mid January, at low strike prices that I really did not expect to hit.
Well, some strike prices have been breached, and if the market does not rebound some by Feb 16, I will find my stock AA going back up to 70+%. I need to refrain from buying even more. Gotta hang on to my cash (about 30% now).
On the way up, the market hit the high strike prices of the call options that I thought impossible to reach. On the way down, it may also take out prices that I did not think possible.