TUP- Short from current level to 52

TUP seems falling down from a Rising wedge formation, and very nicely rolling over to the bottom side.
On the fundamental side it has huge 4.68 debt to equity ratio, and there were some insider selling as well.

For trade we are looking for Jan2017 $60 puts, which are trading for $2.73

You can check our detailed analysis on TUP in the trading room/ Executive summary link here-
youtube.com/watch?v=lqrvUlhlDFI
Time Span: 18:30"
Trade Status: Pending