Where’s TWTR Headed Now That Musk Has Pulled His Offer?

| July 28, 2022

TWTR

Elon Musk pulling his offer for Twitter (TWTR) has been big news in the equities world. TWTR is now suing Musk for breach of contract (with the case set for October).  Options traders may believe TWTR still has some upside though over the next year.

A large options block trade executed last week suggests the stock could move as much as 25% higher by next June (but no higher).

Find out more by clicking on this short video.

The post Where’s TWTR Headed Now That Musk Has Pulled His Offer? originally appeared at Investors Alley.

Category: Breaking News, Options Trading Strategy

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Adrian Collins works as an Outreach Manager at Option Dash. Option Dash is always looking forward to offering the best covered call and cash secured put screener on the internet. Adrian is passionate about spreading knowledge on stock and options trading for the rising investors.