yes, thats correct, but I would call it longwith insurance With the trades i made I would have had a b/e of 29.40 on the 31's and 28.79 on the 30's. Because of the expiration being April you still have a time premuimbut it is much less. When I made the trade and posted here wag was in the 32.50 range. You can check the time of my post against the prints and see it was a honest trade. I still want to start building a position in wag and using the short puts gets me to that price level I want for entry.