Sr. Correspondent, Broker Research, Bangalore, India
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Feb 5, 2015
Feb 5, 2015
Feb 5, 2015

Ahead of Pandora results, a bearish bet targets share price drop

NEW YORK, Feb 5 (Reuters) – A large bet in the options of
Pandora Media Inc on Thursday appeared to be banking on a
sharp drop in the share price of the U.S. Internet-radio-service
provider after it reports its quarterly results later in the

On Thursday, a trader in the options market appeared to have
bought 14,000 Pandora put options that bet on shares dipping
below $16 by Friday, or about 13 percent, said Fred Ruffy,
options strategist at The contracts were
traded at 35 cents.

Feb 5, 2015
Feb 5, 2015
Feb 5, 2015
Feb 5, 2015
Feb 4, 2015
Feb 4, 2015

Twitter shares poised for big move after results

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.

Feb 4, 2015
    • About Saqib

      "Saqib Ahmed is an options correspondent working with the Markets team in New York. He previously led the Reuters Broker Research team in Bangalore. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
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