At this point, it is almost becoming a cliche. But whenever the market sells off and Berkshire Hathaway takes a dip, it's almost becoming money in the bank to sell puts.
It's already worked for us numerous times this year. This won't work forever, of course, but until it stops working we should keep giving it a go.
An All Star Options community member recently sent me an email asking about the Average True Range (ATR) indicator and whether or not it is helpful in ascertaining if options premiums are elevated or depressed in the underlying instrument.
For a pretty thorough explanation of what ATR is, here’s a blurb I found on macroption.com: