(Initial two possible targets if price continue southward marked by down arrow
1st: around 34.67
2nd: around 30.45 (if 1st fails to support) without factoring time factor.)
Because the is a function of price and time, i actually enjoyed selling my put options lower :-)
All profits were taken at 29.06 when the big red hit the channel bottom.
Price hit another bottom after 5 weeks at 28, i turned at 28.49
Note: It is advisable not to follow my aggressive 'jump-the-gun" approach as it WILL incur losses immediately before turning into profits later on, at time, substantial losses. Please do your own analysis to verify your trading decision.