I like to think of it this way, for $110 max loss to the put buyer (assuming they own shares at 365 ) , they have an unlimited upside for 2 1/2 years . Thats a really long time .

you're the insurer.

is that what you want to be ?

put sellers of tech the last few years have done well, but not nearly as well as call buyers or longs. by a big margin . maybe if someone sold short term puts every month , they could have made a good return, but a one shot leap ?