I'll be selling slightly out-of-the-money puts on various beaten down stocks this morning - TCK, CNQ, SU, XLE.

Expiry is March 18. My thinking is that we'll get a bounce next week and the options will expire worthless, so I get to keep the premiums. If I'm wrong, and they get assigned, I'll get them cheap enough (factoring the premiums) that even a small bounce the following week will put me in the money.

At least that's the theory....