Short term put buyer in Twitter (TheFlyOnTheWall)
BY Fly On The Wall
— 11:01 AM ET 06/23/2016
Short term put buyer in Twitter. r. 1882 Fri 6/24 16.5 Puts bought at $0.16 , opening. Strike is 1% below current spot and expires tomorrow.
Looks like its going the other way. I say that you better close out that short. WARNING
Could be another company is in negotiations?
I think you're a little low unless the market bottom falls out. Volume is slowing. Shorts will dump at end of day for the last push down. JMO.
Not true! Just sell them a 50 million dollar house and watch them sell it 5 yrs later for 25 million. LOL