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IWM - alert at daily 20sma - buy swing puts 223-225

Short
AMEX:IWM   iShares Russell 2000 ETF
Price is around 20sma on the daily chart right now, which triggered an alert at 223 to buy swing puts. Maybe buyers will move price up a little higher to the white line resistance, but I am not sure if that will happen. Stochastic %D shows a peak that may be ready to turn lower again. RSI on 60m close might create a bearish divergence, while on daily chart I would look for it to hold under 55 (60 highest) and then move lower.

So I just bought 31Mar 210 puts, a small position. If price moves up to the white line I may add more. I would also consider April monthly expiry at 200 strike.
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