SPG- Possible second entry, looking for $180 April puts

We had a very good option trade with SPG & now it seems getting ready for another fall. It is breaking down from longer term upward channel & the target could be as low as 153

To trade this we would consider $180 April puts currently $11.85

You can check our detailed analysis on SPG in the trading room/ Executive summary link here-
youtube.com/watch?v=Awz3vQ2jnLs
Time Span: 5:45"
Trade Status: Pending