Dan Nathan Sees Unusual Options Activity In Twitter Inc

, Dan Nathan spoke about bullish options activity in

. Call options outnumbered put options 2.5 to 1 in Tuesday's trading session and the most active option was the weekly 27 strike call. Nathan noticed that a trader bought 3,700 contracts of the weekly 27 strike calls and paid $0.40 for them. The trader is hoping that

is going to trade above $27.40 between now and Friday expiration. Nathan explained that the stock is in a down trend and he believes that it is going to recover, but in the near term trading action doesn't look good to him.