The Weekly Options Newsletter 10/17/2016

THE MARKET TREND IS DOWN | VOLATILITY IS HIGH

CHART

The market is currently going down so focussing on buying puts is a good idea right now. Volatility is relatively high so “at the money” options will be overpriced – try to focus more on “out of the money” options for the moment.

THE OPTION PICK FOR TODAY IS TWTR

CHART

CHART

TWTR has been gaining a lot of exposure and this has resulted in it moving down just like the market recently. The best option pick right now is to buy a $16.00 Put on TWTR with an expiry date of 10/21/2016.

Twitter, Inc. (Twitter) offers products and services for users, advertisers, developers and platform and data partners.