Starting with Diagonal Spreads. Would take the stock at the short strike (or roll a few times first) and hold the protective put as cheap insurance.
(Also the spread requirements in a retirement account are much lower than straight short puts)

Bought to Open GILD Mar 19 2021 45.0 Put/ Sold to Open GILD Dec 24 2020 57.0 Put at $0.03 Credit.
Bought to Open GILD Mar 19 2021 45.0 Put / Sold to Open GILD Dec 31 2020 56.50 Put at $0.12 Credit.

GILD YTD Low = 57.03 (set today)
Dividend % = 4.65%
#FallingKnife

Back down and testing their YTD lows
All my earlier short puts have expired
#FallingKnife

Looks like the stock is headed back down to test the Yearly low. #FallingKnife
I’ll be looking at puts to sell.

S&P 500 stocks with a positive dividend payout that are hitting new 52week Lows today.
#FallingKnife

S&P 500 stocks with a positive dividend payout that are hitting new 52week Lows today.
#FallingKnife

Another #FallingKnife candidate
Looking at puts to sell now

#fallingknife trades
Both stocks flirting with 52week lows
Sold 1 GILD 10/30/2020 60.0 Put @ 1.31
Sold 1 T 11/27/2020 26.0 Put @ 0.60

Nice dividend yields down here too

#FallingKnife

Energy names are leading the downside in the S&P500 with the market up
APA Apache Corporation
FTI TechnipFMC plc
MRO Marathon Oil Corporation
NOV National Oilwell Varco, Inc.
OXY Occidental Petroleum Corporation
SLB Schlumberger Limited
FANG Diamondback Energy, Inc.
VLO Valero Energy Corporation
MPC Marathon Petroleum Corporation
COG Cabot Oil & Gas Corporation
HFC HollyFrontier Corporation
DVN Devon Energy Corporation
PSX Phillips 66

Only Cabot and Valero are currently profitable but most are still paying a dividend

Another tiny diagonal – puts this time – a bit longer life
Bought WFC Dec 18 2020 17.50 Puts / Sold Oct 16 2020 22.00 Puts @ 0.12 Credit.
The short strike is right at the March/April lows for the stock.
#FallingKnife

Not much green here
Semis and software groups are the leading losers.
NO new lows in the SP500 yet so no #FallingKnife candidates today
https://www.finviz.com/map.ashx?t=sec

#FallingKnife at a new low of 36.50
Sold 1 WBA 10/02/2020 36.00 Put @ 1.20
Sold 1 WBA 10/16/2020 35.00 Put @ 1.15

Both within 1% of their YTD low
Both in the S&P500
Both profitable and pay dividends

Also GILD bears watching
#FallingKnife