Chicken Bones and Entrails

The only safe play I see right now is selling hard through a breach of 1250. It is very probable that we are range bound until June. I can see this quarter seeing a significant amount of Options, both PUTS and CALLS, expiring into worthless pieces of paper as the Theta is burnt to a crisp. I imagine this will be the option writer's last season with a major killing, for a very long time.