The IV picture matters here: it's rich at 100%, but that's a symptom of the panic, not a reason to sell puts. A 17% single-day crash with no reversal signal is a falling knife, not a floor. The chart is broken; support is untested and likely lower.

Selling a put here is catching a headline-driven freight train. Even with a wide spread, the credit-to-risk ratio would be pathetic for the actual probability of another leg down. This is a classic 'wait for the dust to settle' scenario.

Let the stock find a bottom and the IV crush a bit before we even think about selling premium.