Long-Term Call Buying Activity in Twitter (TWTR) Targets Upside in Shares Above $70 -Susquehanna
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Susquehanna options strategist Alison Edwards notes call buying activity in Twitter (NYSE: TWTR), as an opening investor bought 50k Jan20 70 Calls, untied and adding to 85k in long open interest from trading back in November. This investor opens upside exposure to a move above $70 (135% higher.)
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