I've made plenty on VLO puts, but I've sold out about 90% since my original position.

It's not that I think this stock won't go lower, or that oil will peak, it's that I see greater opportunity in other areas at the moment, and with it bouncing from oversold, it could rally a bit here before it returns. Not to mention my portfolio could use a little more exposure on the bullish side.

You can't sit around with the time working against you, especially when the timing is so crutial to near term options.