Many of the names we've already traded from weeks prior are setting up to get beaten down again. Here are a few trades I like...

BWLD- I love the entry point, this stock has a long way to drop. July 25's.

ENER- This time around, it looks good to the downside. Looks like the next SOHU.

FAST- This stock will make it to $37.50 eventually. July 40's

WFR- This stock has a ways to fall. July 55's.

WYNN- On a fast track to zero.

I need to find something to buy calls on today. I've been relatively neutral over the last few weeks, but I find myself positioned too much to the downside. I will run a few searches and post some ideas shortly.