Twitter Shares Are Up Big on Musk News. Why Are Call Options Sinking?

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Twitter Shares Are Up Big on Musk News. Why Are Call Options Sinking? The Nasdaq has seen a couple of buy programs push it into the green, but the rallies have been short-lived Monday as equities sell off ahead of Big Tech earnings. We have yet to see a flight to safety — gold and silver are both down along with consumer staples, so there hasn’t been anywhere to hide outside the few names seeing positive news. Twitter got another bump Monday from Tesla CEO and world’s wealthiest human being, Elon Musk. The “will they, won’t they” situation took its latest turn after Musk announced he’s secured financing for the estimated $43 billion takeover bid that’s sent prices screaming higher for shares and options alike over the past couple of weeks. Shares of the social media company spiked again more than 6.5% during Monday’s session with reports that Twitter’s board was about to accept the deal. The takeover news made for a fantastic move for shareholders, but the skies aren’t so blue for traders holding onto Twitter call options…   What the Heck Happened to My Calls?! Jeff Z Jeff Zananiri spent over two decades on Wall Street learning how the best made consistent money in the market.  How I Discover New Trades Every Single Month One of the best ways to avoid Wall Street screwing us over is by following where the money is flowing. The market is like this big ocean with several different currents moving through it at all times. But one of the strongest currents is the money that flows from large funds into the market on a monthly basis.  Hedge funds aren’t always the most creative entities on Wall Street — they’re all trying to get into the same stocks in the S&P 500, Nasdaq or Russell 2000. That means they tend to cluster into the same best-performing names... Names like the one I’m looking at right now.   Access the Trade Here The Most Important Metric for Traders to Watch Right Now April 23, 2022 Lately, I’ve been talking about how much of a chop shop this market is — flip-flopping between being up and down… back up and down again…   Continue Reading Why Traders Are Waking Up at 2 AM to Watch This Chart April 22, 2022 Guys, I really want to talk about the macro and big-picture view I have for the markets right now.   Continue Reading Joy of the Trade A WealthPress Publication   ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit wealthpress.com/terms for our full Terms and Conditions. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 1749 NE Miami Ct #507 Miami, FL, 33132, US Joy of the Trade Update Profile

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