Get an option model off the net and start simulating big moves in IV on the OTM strikes. If you haven't done it you are in for a surprise. If you forecast price correctly and miss on a forecast of IV - get a big IV move and you will vastly outperform/underperform.
Amazingly at $59 the Sept 30 puts were selling at $30 and at the close of $26.33 it is only at ~ $38. Down 55% and the option is up 27%. That is a leverage ration of 0.5 -- what a terrible trade.
I sold yesterday 5 puts, strike $10, expire 10.15.21, for $2.44 per contract. What suprised me was the huge drop from $59 to $26 within minutes. But i don´t see a fall below $7.56, my cost base ($ 10 strike minus $2.44 premium). But i could be wrong.