Wednesday, April 01, 2015 3:15:52 AM
$TWTR Thoughts
TWTR's chart is bullish and expect it to reach $154 by next week. The past two months shows when the pps candles touch above the upper Bollinger Band and CCI is overbought that TWTR slowly uptrends. Other chart indicators are signaling buy so I expect a slow uptrend into next week barring news.
I put up images of Calls and Puts to show 4/17/15 expys have a huge premium on Calls (like $7) and Puts are basically a gamble being valued at $.05 in strikes near the current TWTR pps. It seems most option traders think TWTR is only going up in the short-term. If TWTR was to tank those Put holders might bank...
TWTR's chart is bullish and expect it to reach $154 by next week. The past two months shows when the pps candles touch above the upper Bollinger Band and CCI is overbought that TWTR slowly uptrends. Other chart indicators are signaling buy so I expect a slow uptrend into next week barring news.
I put up images of Calls and Puts to show 4/17/15 expys have a huge premium on Calls (like $7) and Puts are basically a gamble being valued at $.05 in strikes near the current TWTR pps. It seems most option traders think TWTR is only going up in the short-term. If TWTR was to tank those Put holders might bank...
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