Sina Corp. (NASDAQ: SINA) opened at $88.21. So far today, the stock has hit a low of $76.49 and a high of $88.64. SINA is now trading at $78.33, down $8.58 (-9.87%). Over the last 52 weeks the stock has ranged from a low of $48.50 to a high of $147.12. The stock fell on fears that the Chinese government could crack down on the corporate structures used by Chinese companies to attract foreign investment and list on foreign stock markets. Additionally, investors are concerned that the government could move to further censor Sina's Weibo micro-blogging service. S&P does not currently have a STARS rating for SINA. If you are looking for a hedged play on SINA the stock seems like it could be a candidate for an October out-of-the-money bear-call credit spread above the 120 range.