Twitter: Option Trade -Update

Put Option Expiration: 15 MAR 19

Strike: $30

Cost: $1.06

Trade Goal: Double

Technically: Twitter’s price-action broke down after reporting earnings on February 7th. The company’s user growth and expenses worried Wall Street. Currently, Twitter is in the Wave C position with a target of $20.00.

Twitter’s Current Price: $29.93

Options Current Price: $1.50

Will update.

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The Humble Watcher