MITK- short from 7.85 to 6.33

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