Welcome to the options thread piano man. Lots of good stuff here. With over 9,000 posts, you could spend a profitable few days trawling thru' some of them.
ESX IV still down in single figs. Jan 4775 puts are 27.5. With IV of only 15% (which I still regarded as low at the time) they would be 60. Still looking for a tasty IV expansion trade - probably involving buying a spread or ratiod backspread in a few months out and selling near month puts and calls for next couple of months to pay for it.