OptionsRising

Technically speaking, TWTR looks like a "sell the news" stock

Short
NYSE:TWTR   Twitter Inc
Note this is a weekly chart and earnings are coming up soon. The aqua line is 20sma and price is far from it, and right now at possible 50ma resistance. So between 52 and 55 is my zone to buy swing puts. With high VIX and IV today I will open a small position today and/or tomorrow and use 30min chart for my entry. I will trim or close before earnings.
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