Can someone explain why I didnt make money here?

Yesterday I bought 5 contracts of PLUG @ 7.60 with a 7.00 PUT for may 17. With the 12 dollars in fees yesterday when I bought it it came to 1114.xx. As soon as I bought it they valued the option at 950. So the bid and the ask on the option was 10 cents off which im not sure if thats normal but okay. So today plug tanks and I go to sell it at 6.90 and I end up profiting 50 bucks before the fees. I'm a new trader obviously but for the risk i was taking this profit seems a bit low to me for such an amazing call

Submitted April 15, 2014 at 07:08PM by darkmafia069 http://ift.tt/1masMbu