Example Trade In Twitter (TWTR) With Stock 30% Off Feb. Highs

Alan Knuckman outlines his example trade in Twitter, buying the July 16 $50 calls. He notes the stock is now roughly 30% off its February highs with attractive price gaps up, plus Twitter still remains up 170% from its March 2020 low. If shares see no major move, Knuckman says consider an exit on July 9th.

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Example Trade In Twitter (TWTR) With Stock 30% Off Feb. Highs

Alan Knuckman outlines his example trade in Twitter, buying the July 16 $50 calls. He notes the stock is now roughly 30% off its February highs with attractive price gaps up, plus Twitter still remains up 170% from its March 2020 low. If shares see no major move, Knuckman says consider an exit on July 9th.