LITE- looks a perfect short from 21.5

LIT is forming a head & shoulder. On its break we can see a target of 17.
We are considering to take Aug16- 22.5 put ($0.9)


You can check our detailed analysis on - in the trading room/ Executive summery link here-
youtube.com/watch?v=vPp_yJ2C33E
Time Span: 4:40”
Trade Status: waiting for the entry price to meet