Market Overview

Mike Khouw And Brian Kelly Like Twitter


On CNBC's Options Action, Mike Khouw said that he would consider a long position in Twitter Inc (NYSE: TWTR). He explained that it has been beaten up so badly and it showed some relative strength on Friday.

Down around $13 to $14 billion valuation, he finds it hard to believe that people would not see the value in this name. The options premiums are off the charts in this name and he would sell puts in the name.

Brian Kelly agrees with Khouw and he would buy a 28/31 call spread for $0.50, because it offers a 5 to 1 risk reward.

Carter Worth would not be a buyer, he sees the stock as risky.


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Posted-In: Brian Kelly Carter Worth CNBC Mike KhouwLong Ideas Media Trading Ideas