I am basically betting that the price will go down below $137 in the next 35 days enough for us to take some profits. The good thing about this trade is that we have basically a 50/50 chance to make money (48% probability), but we have a nice Reward Risk ratio (1.5:1).
Buy 138 Put
Sell 136 Put
Bought it for 0.80 per contract
Max loss per contract = $80
Max Win per contract = $120
The original trade I made 10 contracts so my max loss was $800. The Put credit spread added $250 so my loss for the trade ended up at $550.