I decided to add to my defense of my 87.5/86.5 put credit spread by adding another put credit spread even lower at the 85.5/84.5 collecting .12 cents (12%) for a 2 day hold. After the gap up in BABA this morning and the market's bullish reaction to the FOMC announcement, I felt that BABA was done going lower for the week and that selling a call above would be more risky than helpful. Here is the chart on BABA...
BABA 06172015
I would not be surprised if by Friday's expiration I'm profitable on all of my legs...
options portfolio 06172015
Click on image to enlarge...