Alan Knuckman's Twitter Options Trade

Speaking on Bloomberg Markets, Alan Knuckman of Bulls-Eye Option suggested an options strategy in Twitter Inc TWTR that is suitable for a takeover speculation.

Knuckman thinks it would be a good idea to buy the January 17 call and sell the June 20 call to finance the lower strike call. The trade makes money above $17 and it can maximally make $3 if Twitter moves to $20 or higher.