Long TWTR into Earnings, Using Pull back to Add Positions

TWTR is likely to report a somewhat mixed quarter but monetization is likely to be good and a few new strategies could also excite investors.

Stock is clearly on an uptrend and being bought on any dips. The company for all its misgivings remains one of the most valuable properties of social media yet remains undervalued compared to most other tech majors. It is also the platform that has the most potential for incremental improvement.

The plan is to do PCS and long shares and sell ATM calls, a somewhat conservative strategy for being bullish.