Put Buying Activity Continues in Twitter (TWTR) Targeting 23% Downside in Shares by Mid-June -Susquehanna
Susquehanna options strategist Alison Edwards notes continued put buying in Twitter (NYSE: TWTR), as an investor purchased 5000 Jun 25 Puts paying up to $1.14 and adding to 10K bought last Wednesday for $0.85. The position targets a 23% downside by mid-June.