TWTR - Earnings this Monday October 27. Buy OTM Oct31 calls on Monday

FXforex

FXforex

TWTR - Earnings this Monday October 27. Buy OTM Oct31 calls on Monday October 27.


  • TWTR at $49.95
  • Price target after earnings $60.00.
  • My plan is to buy OTM calls that are about $5.00 OTM.
  • Risk $100.00 or less.

Stay tuned. On Monday October 27 I will update when/if I enter a trade. FB reports on Tuesday October 28.



:)
 
FXforex said:
TWTR - Earnings this Monday October 27. Buy OTM Oct31 calls on Monday October 27.


  • TWTR at $49.95
  • Price target after earnings $60.00.
  • My plan is to buy OTM calls that are about $5.00 OTM.
  • Risk $100.00 or less.

Stay tuned. On Monday October 27 I will update when/if I enter a trade. FB reports on Tuesday October 28.



:)
More...

Do I ever see you in Vegas ?
 
I will be killing two birds with one stone. Two trades one thread.


trre.jpg



Stay tuned.



:)
 
UPDATE

  • TWTR at $48.65
  • Earnings October 27 (today after market close)
  • Bought 1 contract TWTR Oct31 56.00 Call at 0.96
  • TWTR price target after earnings $60.00+

  • FB at $80.30
  • Earnings October 28 (tomorrow after market close)
  • Bought 1 contract FB Oct31 85.00 Call at $0.95
  • FB price target after earnings $90.00+


The TWTR trade is one of my more aggressive option trades at 16% OTM and a price target of plus 24%, my plan is to close the TWTR position on Tuesday October 28. I have also entered a FB earnings trade, my plan is to close the FB position on Wednesday October 29.

I'm still Very Bullish on the Nasdaq / QQQ and since Facebook and Twitter are the #1 and #2 most popular social networking sites they could be the catalyst to push the markets higher.


:)
 
Last edited:
You're bullish on QQQ so you think it will drag FB & TWTR higher?

Why not form an opinion on FB & TWTR and let that drive your thoughts on QQQ?
 
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