I paid a lot of money to learn this very simple lesson, and I'm going to give it to you for free. Buy deep in the money options, with a longer timeline than you think you will need. Do not, let me repreat...DO NOT gamble more of your money on ats, and outs, than you plan on losing. Yes you can win big, but over all you will lose more often. But if you're like many of us, we need to learn the hard way, so go ahead do it, and then come back and join the club :)
That said, your second mistake is being bullish right here, head and shoulders is likely going to confirm today, sending this to 160 for starters, and then likely lower, you should be looking at puts for the short term play.