I have a small position on OEX Nov Puts...of course I will stay overnight...it is not about guts.. it is about knowing your downside or risks...how much to prepare to loose before you cut it...I am well prepare to absorb a surge tomorrow morning...but I think this rally is loosing steam...I will add to my short position if it gaps up in the morning...I have time...if you are unsure...don't trade the front month..and go for far out of the money..good luck