Traders Daily – Another Way to Trade Twitter

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We’ve been watching Twitter (TWTR) all day.

And unfortunately, it looks as if the run is coming to an end, as it tops out at its upper Bollinger Band with over-extensions on RSI, MACD and Williams’ %R.

So let’s do this.

Let’s sell the stock, which last traded at $44.07, along with the TWTR August 17, 2018 42 calls, which last traded at $4.95 from an entry of $3.20.

Once you close that out, buy to open the TWTR August 17, 2018 43 put at market.

We’d like to see TWTR pullback to...

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