Twitter Stock Blasted by Options Bears After Musk Pulls Deal

Schaeffer's Research2022-07-12

Over the weekend, it was announced that Tesla CEO Elon Musk would not being going through with his deal to buy Twitter Inc for $44 billion. Twitter has since threatened to sue Musk for terminating ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Mikaelocw
2022-07-13
Mikaelocw
Like
lawyer07
2022-07-12
lawyer07
Wow
Guavaxf30
2022-07-12
Guavaxf30
Was this any surprise? You were really counting on Elon Musk, AKA Dr.Doom?
MSTAN
2022-07-12
MSTAN
👌👌
HBONG
2022-07-12
HBONG
pls like, thks
justforcoins
2022-07-12
justforcoins
K

Leave a comment

356

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1147321373?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-07-12 08:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1147321373","market":"other","top_or_hot":-1,"title":"Twitter Stock Blasted by Options Bears After Musk Pulls Deal","media":"Schaeffer's Research","content":"<div>\n<p>Over the weekend, it was announced that Tesla  CEO Elon Musk would not being going through with his deal to buy Twitter Inc  for $44 billion. Twitter has since threatened to sue Musk for terminating ...</p>\n\n<a href=\"https://www.schaeffersresearch.com/content/news/2022/07/11/twitter-stock-blasted-by-options-bears-after-musk-pulls-deal\">Source Link</a>\n\n</div>\n","source":"lsy1653551688042","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Twitter Stock Blasted by Options Bears After Musk Pulls Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter Stock Blasted by Options Bears After Musk Pulls Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-12 08:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.schaeffersresearch.com/content/news/2022/07/11/twitter-stock-blasted-by-options-bears-after-musk-pulls-deal><strong>Schaeffer's Research</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the weekend, it was announced that Tesla  CEO Elon Musk would not being going through with his deal to buy Twitter Inc  for $44 billion. Twitter has since threatened to sue Musk for terminating ...</p>\n\n<a href=\"https://www.schaeffersresearch.com/content/news/2022/07/11/twitter-stock-blasted-by-options-bears-after-musk-pulls-deal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TWTR","symbol_name":"Twitter","start_time":0,"source_url":"https://www.schaeffersresearch.com/content/news/2022/07/11/twitter-stock-blasted-by-options-bears-after-musk-pulls-deal","article_id":"1147321373","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147321373","pubTimestamp":1657585192,"sourceInfo":{"source_id":"lsy1653551688042","name":"Schaeffer's Research"},"weMediaInfo":null,"summary":"Over the weekend, it was announced that Tesla  CEO Elon Musk would not being going through with his ","collect":0,"end_time":0,"defaultTopTitle":"schaeffersresearch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TWTR":"Twitter"},"translate_title":"马斯克达成交易后，推特股票被期权熊市抨击","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TWTR":0.9},"content_text":"Over the weekend, it was announced that Tesla  CEO Elon Musk would not being going through with his deal to buy Twitter Inc  for $44 billion. Twitter has since threatened to sue Musk for terminating the deal. Musk responded, using the platform to tweet that the social media company would need to provide more information on spam accounts and bots. In response, the shares of Twitter (TWTR) are falling down, seen down 11.3% to trade at $32.65 on Monday.Options activity surrounding Twitter stock is already off the charts, with 26,000 calls and 44,000 puts exchanged so far -- six times the intraday average. What's more, put volume is running in the 99th percentile of its annual range. The most popular position is the July 30 put, followed by the 34 put in the same series.Analysts are chiming in as well. Since the deal was terminated, both Wedbush and Stifel slashed their price targets, both to $30. This marks Wedbush's second price-target cut in a matter of days, as on Friday, the analyst lowered its price objective to $43 from $54, as it already predicted that the deal was on the brink of collapse.The stock is now trading at its lowest level since March, and suffers a 24.46% year-to-date deficit.Twitter’s retail investors have turned bearish now that Elon Musk wants to walk away.They’re dumping shares, exercising put options and making short bets as the $44 billion deal is headed for what looks like a protracted court fight.Sarah Mostafa, a physical therapist in New York City, just exercised her puts — or bearish wagers — on Twitter and made about $2,000.The 32-year-old initially bought the puts in May before Twitter’s board approved the acquisition. That turned out to be a prescient bet.“It’s absolute chaos at this point,” she said. “I’m not sure what will happen with the lawsuit, but it should be interesting to see how it plays out in the end. It doesn’t look good for Twitter at the moment.”Twitter shares could see downside to $11/share if Elon Musk's $44 billion deal to acquire the companydoesn't happen, according a Rosenblatt analyst.\"We are arguing that it would be suffering at the low end of peers so it could be an $11 stock,\" Crockett said. \"That would be based on a 90% plus decline from the 52-week high, which would be at the high end of what peers have done and also reflecting the fact that the business I think has been meaningfully disrupted.\"","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9078636175,"gmtCreate":1657675951397,"gmtModify":1676536044367,"author":{"id":"3581223392197361","authorId":"3581223392197361","name":"Mikaelocw","avatar":"https://static.tigerbbs.com/b3e8a5faf492b06ffc4615e2014a0a51","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078636175","repostId":1147321373,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078399406,"gmtCreate":1657630730705,"gmtModify":1676536036491,"author":{"id":"4090324248878640","authorId":"4090324248878640","name":"lawyer07","avatar":"https://community-static.tradeup.com/news/769d9fd5c11270603c7816dba49cdce8","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078399406","repostId":1147321373,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078044854,"gmtCreate":1657604262778,"gmtModify":1676536033526,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1},"htmlText":"Was this any surprise? You were really counting on Elon Musk, AKA Dr.Doom?","listText":"Was this any surprise? You were really counting on Elon Musk, AKA Dr.Doom?","text":"Was this any surprise? You were really counting on Elon Musk, AKA Dr.Doom?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078044854","repostId":1147321373,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078042989,"gmtCreate":1657603932741,"gmtModify":1676536033473,"author":{"id":"4089461104605170","authorId":"4089461104605170","name":"MSTAN","avatar":"https://static.itradeup.com/news/1d0ff53a35c30afecbd1fa0c5ed59f07","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"👌👌","listText":"👌👌","text":"👌👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078042989","repostId":1147321373,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078040548,"gmtCreate":1657602741284,"gmtModify":1676536033350,"author":{"id":"3582855207960072","authorId":"3582855207960072","name":"HBONG","avatar":"https://static.tigerbbs.com/a0b6ef216c7f159c6548906cb1930a1c","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"pls like, thks","listText":"pls like, thks","text":"pls like, thks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078040548","repostId":1147321373,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9078035781,"gmtCreate":1657593571243,"gmtModify":1676536031948,"author":{"id":"3582848285382110","authorId":"3582848285382110","name":"justforcoins","avatar":"https://static.tigerbbs.com/cc434d8eefab9556c9a75a287e8eaa1d","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078035781","repostId":1147321373,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":356,"commentSize":0,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1147321373"}