IOC

IOC which was added to the equity model portfolio and a recent September $95 Put last week which is in the green today, made a significant move today that appears to be the head fake move I was looking for when adding the Put position.

I don't really care about the -4% move even though it has put the Put position in the green, it's the move below the uppered trendline as I was looking for that to be a likely head fake breakout, today's move if it closes below that red trendline could confirm the head fake move and set IOC up for some fast and deep downside.