Hey moe -
I'm not doing any active day trading right now and won't until I get back to the states - time difference too rough to trade. Mainly closing out some winners I had set up. On GE - I was very interested in it and think your puts should do well, but I wouldn't be holding them too awfully long as GE did do better on it's latest run than I thought it would. Don't get me wrong - you should make green but personally I would take my green a bit sooner than I would have if recent trading had not been so strong.
If I remember correctly, you know some folks in India? If so, I would love to hear your/their thoughts on my view that we'll see a protest movement sometime within the next several months in India - inflation must be hurting folks there fairly badly I would imagine.