In order to set up some additional bearishness in my portfolio I opted to use an index etf rather than trying to find individual stock issues. This trade is limited in size and can also be used to set up an Iron Condor later. The trade has about a 50/50 chance of expiring worthless. The trade will be closed if the stock closes above 64ish. Weakness in the price at this level is evident. This trade is not expected to last until expiration. The chart of the trade follows:
