### Comment:
would it make sense to buy puts a couple weeks out assuming this happens again?

### REPLY:
I think the problem is that the price has became so low , small little up and down theta will just kill you . Even if you come close to ITM the value of your is so low you're basically losing money .  
  
 The only play I would/ was thinking was far out 6 month put if they went back to high 8 , but they kept dropping and now it's not worth the risk.

### END.