The biggest fear is that what if we sell and that turns out to be the bottom.
I know that even if where I have initiated the trade is the bottom and tomorrow there is a big bounce, I will not be trapped in a big loss.
Also, if we carry on with the same option for more than one or two days, we will definitely see a reduction in premium due to the passage of time—Time Value Decay.
We now know that it was not the right time and we await another opportunity to buy another Put.