With yesterday's 2% pullback and 5% pullback in the last 2 days, I set up a synthetic long position on the stock. I sold 100 contracts of the June 27 puts and then simultaneously bought 100 of the June 27 calls with the premium received on the puts. This is a bullish play on the stock and allows me to control 10,000 shares without committing money (yet). If the stock trades above $27 I win on both positions. If it trades below $27 I risk losing the calls and will most likely get put the stock at a net cost of $26.24/share which is a price I am comfortable with.
Your suggestion is good; however, I think the stock will be at $31 in March. I bought additional shares today and I plan to hold them until the stock reaches at least $50 per share. In my opinion, that will be in less than two years.