Scott Redler: Twitter Knocks It Out of the Park

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​Twitter (TWTR) ​crushed i​ts earnings report this morning and surged big-time.

Let's wind the clock back and see how it played out.

In ​Monday's​ Redler All-Access Morning Note, I said this:

"TWTR reports tomorrow morning. It’s hard to tell if this lower-level channel can resolve higher. I bought $36 calls in case it makes a big move. I’ll also see if it’s buyable after the report tomorrow, but it needs to hold $35.50-$36 on big volume to get some momentum back."​

I also sent this chart on my private Twitter feed (for subscribers only):

​Good thing I had those calls... because it did make a big move!

Twitter gapped up big today​, as you can see:

I sold my stock premarket, and then trimmed some calls as the stock rallied higher and higher.

​Here's a chart showing the action in those April 26 $36 calls:

​Wow!

​Obviously, not all trades work out like this, but it feels great when they do! 

I typically look to hit singles and doubles when I'm trading, but sometimes, ​you make contact just right and things work out better than you think.

Plus, as​ Redler All-Access members know, I've been in Facebook (FB) stock and calls too, and Twitter's giving those a boost.

​​Positions Disclosure: As of April 23, 2019 at 1:20 p.m. ET, Scott J. Redler was long ​ACB, TIGR, BAC, ZYNE, NFLX, FB, BAC calls, AMRN calls, BIDU calls, FB calls, TWTR calls