The nervousness of yesterday’s opening inflated the puts somewhat, moving them beyond the reach of the lowball bids I’d suggested.  We shouldn’t be leisurely in trying to buy them, however, since Tuesday’s bull trap in Apple and many other stocks has created a supply overhang that will not be easily surmounted.  Assuming yesterday’s buoyancy will linger nonetheless for yet another day or two, I’ll recommend bidding 0.68 for eight November 62 puts on the opening, but lowering the bid to 0.62 if the first try goes unfilled. You should also check back after the first hour, since I’ll have a better feel for pricing the options after the mood of the day has been established.  _______ UPDATE ( 10:24 a.m. EDT):  We missed buying the puts again when the Cubes opened on a gap lower. Stay with this one.  But understand that we will never, ever chase puts or calls because directional plays are too hard to beat even when we are not giving up a nickel’s worth of edge here and a dime there.