This was essentially a strangle with both the call side and put side being bought at seperate times.  In hind sight selling this was a mistake.  I should have held onto both puts and calls.  I really don't know what I was thinking here, except that I thought the market would bounce and fertilizers could rally either way. Which certainly may be true, and that expectation my not be a bad thought, but in a brutal market, there's no reason not to just hold onto my put and just add more calls.