Forming a Long position in Brent on the correction

Many are expecting a correction in BCOUSD after impulse 5 waves.
One way of playing Long is to place Limit Buy orders at the potential entry points.

Selling January Put options with strikes 44 and 46 could be a viable alternative.
It makes sense to set the amounts of each option as 50% of total position.

What if correction won't happen or strike levels won't be reached (options excercised out of the money) ?
Then we are left with premiums for the sold options. Some 1.35% and 2.15% of the strike prices respectively.