Guh!

I don't have specific price targets. If the markets keep diving then I keep holding. If bear market rally is about to start then you better sell. Take whatever you can get. Wait for another setup

Your puts should print. The gap on chart should close one day. By overbought I mean move of the stock price relative to the news that moved the stock. Example NKE or AMZN move up by 10% on earnings but quarterly report is not that impressive if you look at the numbers yourself.

but watch for a bear market rallies. Those pumps can wipe you out quick.

Mine expire January. I might roll them to a later date. I should of cash them last week when they were in the money. I'm a greedy pig.

Usually aim for 2% of your portfolio. My biggest position was 10% on AMZN puts but I was sure market will punish Amazon for reporting fake quarterly results, adding Rivian shares to earnings. Generally I wait for opportunity oversold or overbought, or top of the channel.