$TWTR Options Open For Trade

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A week after the $TWTR IPO, options are now available for trade.

The December monthly options offerings are showing sizable bearish bets, namely the $40 and $41 strikes. Volume at this time is skewed toward PUTs, indicating traders are positioning for the downside and/or protecting their long positions.

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Profile photo of uranium-pinto-beansKnown to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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