Today closed RMBS Mar.20 Call at 0.7, take heavy loss!!!

Bought
4 SPY May 140 Put at 2.7
20 QQQQ April 43 Put at 1.035 (average of 1+1.07)
39 QID at 55.157

Option seems relatively expensive during the opening session of the market, this high volatile time should be avoided for buying options if not for day trading. Early afternoon seems a better time for entering option order, when the market become stable and bored.