TWTR
THE WEEK AHEAD: SNAP, TWTR VOL CONTRACTION PLAYS; GDXJEARNINGS:
Bunch of options liquid underlyings announcing earnings this week:
IBM (27/36/<10%), Monday, After Market Close
SNAP (43/79/18.1%): Tuesday, After Market Close
MSFT (29/38/<10%): Wednesday, After Market Close
TWTR (44/69/15.8%): Thursday, Before Market Open
INTC (24/39/<10%): Thursday, After Market Close
AMZN (70/55/12.5%) (Thursday, After Market Close) and TSLA (48/109/25.4%) (Wednesday, After Market Close) also announce, but options aren't the most liquid here, even though it's tempting to play all that juice in TSLA, with 30-day at 109% and the August 21st at-the-money short straddle paying a 25.4% of the stock price (which has gone parabolic).
From a buck banging standpoint, SNAP and TWTR look to be the potentially most productive for pure volatility contraction plays. Pictured here is an August 21st 20/29 directionally neutral short strangle, which was paying 1.39 as of Friday close. For those of a defined risk bent, consider something akin to the 18/21/28/31, which was paying slightly greater than one-third the width of the wings at 1.10 or a similar setup.
The TWTR August 21st 31/41 was paying 2.06 with a one-third-the-wing-width setup preliminarily being something like the 29/32/40/43, paying 1.21.
Naturally, strikes may have to be adjusted, depending how the underlyings move running into earnings.
EXCHANGE TRADED FUNDS ORDERED BY RANK AND SCREENED FOR 30-DAY >35% AND AT-THE-MONEY SHORT STRADDLE PRICE >10% OF STOCK PRICE:
XLE (28/44/10.3%)
GDXJ (23/55/12.0%)
EWZ (17/44/10.3%)
XOP (15/56/10.2%)
Relative to the past few weeks, volatility has dried up here quite a bit. The August monthly has 33 days left in it, so part of the "not paying" part has to do with duration. My tendency here would be to hold off, waiting until September duration (61 days) comes into range; it's still a little bit lengthy if you want to stick to stuff in that 45 day give-or-take wheelhouse.
BROAD MARKET:
Only IWM (33/37/8.3%) currently has a 30-day in excess of 35%, and that ain't saying much, with the at-the-money short straddle paying less than 10% of the value of the underlying.
IRA SHOPPING LIST/DIVIDEND YIELDERS:
Only EWZ (17/44/10.3%) has a 30-day >35%, along with the August at-the-money short straddle paying >10% of the stock price metric. I've already got a small short put ladder stuck out there (See Post Below), but aren't very tempted to add with the implied being so low within the 52-week range -- in the 17% percentile.
$TWTR forming an ascending triangle potential breakout$TWTR is forming an ascending triangle on the daily chart. Moving above the EMAs and RSI is moving in a trend as well. No play yet but could break to the 46 dollar mark when it moves above the triangle top. I’ll be taking this play in options myself so I figured I would post the charting. Like always market direction will impact this move. Volume and a candle close on the 5 minute chart above the triangle top will confirm the move. Not advise just my opinion on charting alone.
Traders Don't Care About Twitter Hack Affecting BitcoinWednesday’s Twitter hack didn’t seem to bother traders very much.
“The attack may have harmed bitcoin’s public perception, but the fact that the market has hardly reacted is a positive sign,” said Rich Rosenblum, co-founder of New York-based trading firm GSR. Investors continued to buy in when bitcoin dipped to $9,000. The price headed that low in early Thursday action before traders scooped up more of the world’s oldest cryptocurrency.
TWTR - Scalp short because of the great hack Twitter ($TWTR) down 4% after hours as Uber, Apple, Bill Gates, Elon Musk, Jeff Bezos, Michael Bloomberg, Kanye West and Joe Biden's accounts undergo anonymous hacks.
Reason is still unknown, no comments from Twitter, serious security breach, over $100,000 stolen in minutes
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Information is just for educational purposes, never financial advice. Always do your own research.
Twitter: Emerging Golden and MACD cross. Bullish mix.TWTR was rejected yesterday on the 37.00 Resistance which was the June 8th High. The 1D chart remains bullish (RSI = 63.007, MACD = 0.470, ADX = 33.487), the MACD made a bullish cross and the MA50 is about to cross over the MA200 (Golden Cross). This is a very bullish mix for Twitter and we encourage investors to buy either if the Resistance breaks, or on the next pull back to the 1D MA200. Our Target is 42.00.
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TWTRTWTR executed a near-perfect V-shape gain on the 1D after rumors came out of a possible subscriber-based service. HOD was perfectly lined up with a previous high indicating some strong resistance at the 37 level. For more technical buy-and-hold investors the MACD just crossed up the Signal, and the RSI is still in a safe range. TWTR may still have more room to run as it tests 37 and potential breaks.
TWTR : New support at 50 smaHello Everyone! We have left TWTR on its 20 sma support area which after few sessions did not hold and price went lower to the 50 sma where it found a new support yesterday.
Is that last line of defence ? Not really, price can always go lower and find another level of support, but check this : today price closed above its 50 sma at 31,37 after a low at 30,82 which first cut the 50 sma level (31,06) and then bounce above it, in my opinion a potential bullish behaviour, considering that 38,2% fibonacci retracement level is at 30,31 very close to the 50sma and again below today close.
Let's wait a confirmation from today session and see it I have to be surprised
Thanks for reading and if you like to post a comment feel free to do that....and may the market be with us!
TWTR - Possible SHORT entry pointTWTR broke the COVID-rally trendline, no retest of said trendline yet. Broke the 200 day moving average today. Retest of 200 dma from the underside very likely. H&S forming -> combination of the trendline breaking, 200 day moving average breaking and the H&S forming, could be a great short entry point. Confirmation before premature position taking preferable.
TWTR is going down?Hey guys and girls:) I just want to tweet something:)
In a case that the price level fell bellow MA200, which is in this case right now sustainable support level, and in a case that RSI holds his value below level 50, the price of TWTR can fell down for 10-15% in value in coming days.
Please note that this is D chart and my trades are not for scalpers, and as well, I can be wrong- some times :D. That i sa reason why you must have a proper RR!
In general, my RR is 1:3, sometimes is 2:7 and 3:10
TWTR: was due for some consolidation anyways - possible scenariohere's my expectations for this move - it's possible TWTR eases up to the $28.3 - $29.3 range, then from there continues the move up
not expecting the current news to hurt TWTR that much - there are much bigger forces at play to drive the stock price - and in my view it's mostly large investors dictating how this plays out.






















