With the recent insider selling along with overall technical weakness, we took a short position on MITK. We also took Sep16, & Jul16, 7.5 put.
You can check our detailed analysis on MITK in the trading room link here- Trade Suggestion Date: 6/7/2016 Trading Room - Executive summery link: youtube.com/watch?v=3AcSQbbe7Ds Time Span: 12:40” Trade Open: 6/8/2016 Trade Close: Running