TWTR: Go long with a wide stop

15 set 2016

We can take a long position in TWTR here, we're long and looking to ride the upcoming uptrend leg.
Check out related ideas for the previous trade opportunity in TWTR.
It's a very strongly accumulated stock, this is just the beginning of the uptrend in it.

Good luck,

Ivan Labrie.

16 set 2016

Nota

Bam!

19 set 2016

Nota

I added to the trade here using the same stop. If we progress favorably after FOMC; we can expect a huge rally here.

21 set 2016

Nota

Bought protective puts for one month.

23 set 2016

Nota

Close half the position and close the protective put. Profit: -60 per put, +300 per 100 share batch.

23 set 2016

Nota

Target is now 24.34:

24 set 2016

Nota

bloomberg.com/news/articles/2016-09-23/twitter-said-to-work-with-goldman-amid-informal-sale-talks

If TWTR is acquired it'll probably go even higher.

25 set 2016

Nota

28 set 2016

Trade chiuso manualmente

Closed TWTR @ 23.38

5 ott 2016

Nota

I bought back and already added on yesterday's dip. Now in nice profit.
(sent to my signals clients naturally)

6 ott 2016

Nota

Price gapped under my stop so I bouoght puts at the money for 1 month to hedge my risk.
I then doubled my position and shorted the December 16, $23 calls.
I'm looking to exit my puts if we get a smaller range day tomorrow, or we start to move up.