Yes, spring it open and run while handling it from the side to avoid the initial poison release.

[John removes his hands completely from the trap, allowing for Matt to take possession of the thing for the time being.]

You'd better treat that trap right. It was an entire ordeal to earn the damn thing. Maybe I'll tell you about it after you win.

[Even with the trap, John still doesn't believe this man will emerge victorious. But upping the odds a quarter of a percent couldn't hurt.]