I usually don't like going this far out but May Puts seem to have some attractive premiums right now:
STO BP May 2009 @ $35 for $1.10 (Naked Put)
Covered Call Position Established in Insulet Corporation
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Today a short-term Covered Call position in Insulet Corporation (PODD) was
established when one hundred shares were purchased at $153.06 and one May
15th, ...
4 days ago
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