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Mike Khouw Sees Unusual Options Activity In Twitter

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Mike Khouw Sees Unusual Options Activity In Twitter

On CNBC's "Options Action," Mike Khouw said that Twitter, Inc. (NYSE: TWTR) traded 1.5 times its 20-day average options trading volume on Tuesday. The most active options were the May $55 calls that expire at the end of this week.

The trade that caught Khouw's eye was out in September. Somebody rolled 3,000 contracts of the September $47.50 puts down to 4,500 contracts of the September $45 puts. It doesn't seem the options market is overly optimistic on Twitter, said Khouw.

 

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Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media

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