I would bet on a nice little drop in TWTR, huge volume traded at the IPO, some will dump before year end, actually could be more than a little drop, makes spreading a gamble, but what isn't?
Am looking at long Jan 18 $48p @ $1.35, short Dec 21 $50p @ $0.70, net $0.70 debit, but will prolly wait to see if TWTR can put in another high Friday...
..maybe I should be bullish TWTR? I could long Feb $65c @ $4.00, sell Dec 21 $60c @ $1.20, net $2.80 debit, sell calls again in Jan.....
Am looking at long Jan 18 $48p @ $1.35, short Dec 21 $50p @ $0.70, net $0.70 debit, but will prolly wait to see if TWTR can put in another high Friday...
..maybe I should be bullish TWTR? I could long Feb $65c @ $4.00, sell Dec 21 $60c @ $1.20, net $2.80 debit, sell calls again in Jan.....
"If The Fool persists in his Folly he will become wise." - William Blake