SQ short idea $220pI've got $220 puts for $SQ expiring in 3 weeks, I think $SQ could break here. Once it breaks $225. So far the $227.4 level is being defended with some volume but seems weak here. I think $220 can trade and even continue to fall into that tiny gap around $160 in a few more weeks. Time will tell. Size accordingly. A bear put spread play is also not a bad idea selling the $215p and buying $220 puts to lower risk.
