SIX - Head & shoulder formation, Consider Jun 55/60 Puts

SIX seems forming a head & shoulder pattern. And now rolling over beautifully. The H&S pattern has potential to decline all the way down to $42.
To play this we would consider $55 Jun Puts, currently $1.48 or $60 Jun puts for $3.69

Please check back for Trade updates. (Note: Trade update is little delayed here.)