Scott Redler Discusses the Elon Musk-Twitter Explosion

Was it IMPOSSIBLE to catch Twitter's (TWTR) share price explosion, driven by Elon Musk taking a 9.2% stake in the company and then joining the board?

No!

Scott Redler just joined Liz Claman on Fox Business, revealing why he bought Twitter call options last week -- BEFORE we heard the Elon Musk news:

*past performance does not guarantee future performance

Scott explains:

• Why Twitter has been considered an undervalued asset
• The problem with Jack Dorsey
• What unusual options activity told Scott about Twitter
• Why he stayed with the stock after Monday's pop

And interestingly enough... in his 2022 Market Outlook Report, Scott predicted Twitter would reach the $53 to $55 area this year, as you can see here:

Twitter just hit $54.94 in premarket trade:

Now let's look at the chart of the Twitter April 29 $43 calls Scott picked up for about $1.40 last week:

They went from $1.40 to $12.25!

Scott trimmed and trailed on the way up as part of his trade management style, and as of this writing, is still long some Twitter and April 29 $43 calls.

The lesson? Pay attention to unusual options activity. It doesn't always pay off... but sometimes, the results can be explosive... especially when Elon Musk is in the mix.

P.S. Want a FREE month to Scott's Services So You Can Get His Next Call on Stocks Like Twitter and Tesla?

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Positions Disclosure as of 4/5/2022 at 3:59 p.m. ET