It's about 10:30 on Thursday morning. The market has moved down and has presented us with an opportunity to put on a new "hypothetical" March position -- at least a part of one.
Sell 10 March MSH 430 puts
Buy 10 March MSH 420 puts
Credit of about $.50 ($500)
This is just the bull put spread portion of what I hope will be an Iron Condor. I'm going to keep an eye on the 510/520 bear call spread. If you can put this bear call spread on for about $.50, the resistance level looks pretty good.
Good luck -- and be careful.