On Friday, the indexes had the most selling we have seen in a couple weeks. I got long TLT , getting an in the money MARCH 125 Call for 4.50$ and some out of the money APRIL 135 Calls for 90c
Selling March Puts with a spread or higher next week will work if you are neutral. I'm a little more as money could rotate back to this as a safe haven during index pullbacks. If the trend resumes higher and the buying comes back it could eventually get to 141.90$ price level (fib 1272 ext). But that may take a long time or never happen so that's why selling March Puts maybe more suitable for someone else's situation.