Traders Daily – Another Way to Trade Twitter


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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