FN seems braking down from longer term upward channel. Money-flow is diverging & just broke down to negative area.
We like to take the trade at current price & for trade we are looking for Oct16- 35 put, which are currently trading for $2.03
You can check our detailed analysis on FN in the trading room/ Executive summery link here- youtube.com/watch?v=7Wn2toXVMd8 Time Span: 1:25" Trade Status: Oct16 Trade opened ( Aug 5th)