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Strategies & Market Trends : Option Strategies
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To: Bridge Player who wrote (912)12/20/2013 11:33:12 AM
From: Bridge Player  Read Replies (1) of 2591
 
With the stock at 59.26 sold a short TWTR Dec.27th 61 call for 1.15. Weekly calls, half-point strikes, good premiums.

Twitter selling at 38 times book value, 58 times sales (Yahoo!), not expected to be profitable in 2014.

Edit: son of 2000 internet bubble.
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