Opening PCLN January $1170 Calls as Hedge for PCLN Equity Short

I decided to open Jan $1170 calls, I expect this trade to last maybe a day or two and it will serve as a hedge to the equity short PCLN position.

The other way I was considering handling this was to let PCLN bounce, the $1200 area has been bothersome to me for a while, then add or initiate a new (or add to ) position. I'll post charts shortly.