LNN price movements

The puts on LNN I wrote that original e-mail about are paying well again. The stock price was $32 and December puts were paying $4.70 at that time. The stock price shot up to $36 when LNN released earnings; the puts no longer paid well. Now that the price has dropped, the puts are moving back to the $4.60--4.70. I, personally, will wait in hopes of LNN moving even lower. I may write puts at $25 at that time.