Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
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Sell Put spread Mar P100/110 Limit 5.00 105 is risk : reward = 1:1 no Stop in option
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entry at 105 was rush. closed it 5.4 (at 103), a small loss. Sold Put spread Mar P95/105 Limit 4.6. 2nd entry at 103. 100 will be a better support line. Do not need big rally, just a small consolidation, above 105.