Dude buys 150k Jan TWTR calls

Discussion in 'Trading' started by arbs-r-us, Dec 26, 2013.

  1. Was it the fund you are running that bought the 150,000 calls???? That would explain your stance on the matter being out oh, well, about 30mm or so...
     
    #81     Dec 26, 2013
  2. My only question is this-

    If you made 1.4mm today, why are you arguing with anonymous people on ET instead of out partying your ass off?
     
    #82     Dec 26, 2013
  3. I'll get to that in a bit... :)
     
    #83     Dec 26, 2013
  4. Fair enough. Enjoy!
     
    #84     Dec 26, 2013
  5. Cant this just be a bet on a big short squeeze? This stock was overvalued at $40 and now its almost 2X that.
     
    #85     Dec 26, 2013
  6. m22au

    m22au

    Yes, it could be.

    However that would be a boring explanation that does not involve name-calling nor million-dollar bets.
     
    #86     Dec 26, 2013
  7. Lucrum

    Lucrum

    Apparently all the buyers since then didn't think so.
     
    #87     Dec 27, 2013
  8. I don't know what the deal was this morning, I made a quick trade on TWTR calls and when I went to sell the ask was showing 10 cents over my order several times without me getting filled.
     
    #88     Dec 27, 2013
  9. Update?

    You must be up many millions now (assuming you sold " quite a few of them").
     
    #89     Dec 27, 2013
  10. Or traded price not bias.
     
    #90     Dec 27, 2013