We’re long four November 27 puts for 1.72 against 800 shares of stock with a cost basis of 12.95. If SLW surmounts evidently copious supply at 27, look for a pop to as high as 28.61. Stop yourself out of the puts if they trade down to 1.52, but otherwise check for updates intraday if SLW falls, since we may try to spread off our premium risk.  ______ UPDATE (11:25 a.m. EDT): SLW head-faked to 27.27 on the opening bar, then collapsed.  Let’s try to spread off our puts, offering six November 24 puts short for 1.75 g-t-c.  My immediate downside target is 25.24, a Hidden Pivot that comes from the one-minute chart, but a bullish reversal would be signaled subtly with a print at 26.15 .