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wallst-winest

01/08/14 8:24 AM

#2876 RE: VETERANTRADER #2875

Nice trade. Hard to say but a few points of interest are $58.47 and $57.15 but as you know this stock could reach $54 or lower or digest this news and by late morning or afternoon be in the green. I truly believe that the positive momentum was broken Friday and is why I sold. Hard to find a good place to move back in until the trend reverses. Same for selling your puts. Often you can wait for confirmation but in this stock that could mean losing $5...
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$Green$

01/08/14 9:06 AM

#2879 RE: VETERANTRADER #2875

Sell puts at the open to be safe. The options prices are extremely volatile on TWTR. For example, the weekly puts closed at about the same level yesterday as they were on Mondays lows