Just sold June put options at 45 & 46. I currently have no position in the stock, although I did sell call options at 48 against stock I was assigned last month (which I sold Wednesday). So, if on Jun 17 it closes above 48 I'll be short, if it closes below 46 I'll be long. If either position gets assigned, I will sell options against the position.

I love playing with options - I've collected premium for selling puts, selling calls, and even made money selling the assigned stock. By selling options you can make money even if your timing is a bit off. Much better than just buying or shorting the stock itself.