NEW YORK (Reuters) – Twitter Inc (TWTR.N: Quote, Profile, Research) shares are poised for a big move after it reports quarterly results on Thursday, according to options-market data, with user growth at the social media service possibly holding the key to whether shares rise or fall, analysts said.
On Wednesday, the cost of a Twitter straddle, in which an investor buys an at-the-money put option and a similar call option, suggests a move of about 12 percent in either direction by Friday.
NEW YORK (Reuters) – Bullish activity in Advent Software Inc’s (ADVS.O: Quote, Profile, Research) options surged weeks ahead of a report on Wednesday that U.S. financial software company SS&C Technologies Holdings Inc (SSNC.O: Quote, Profile, Research) plans to buy Advent for about $2.3 billion.
San Francisco-based Advent Software’s shares jumped as much as 13 percent to an all-time high of $42.85 on Wednesday, after a Bloomberg report said SS&C plans to offer $45 per share for Advent. Reuters has not independently verified the information, and Advent could not be reached for comment. SS&C declined comment.