You can sell a call and/or sell a put with the expiration and strike prices you think are appropriate. Maybe you'd buy covering calls/puts as well, forming a p

You can sell a call and/or sell a put with the expiration and strike prices you think are appropriate. Maybe you'd buy covering calls/puts as well, forming a pair of vertical spreads (an iron condor or iron butterfly). There are different names for different basic combinations of options contracts: https://www.optionsplaybook.com/option-strategies/ https://www.optionsplaybook.com/option-strategies/ I've been keeping a close eye on this market (TWTR options) and in my opinion, there were no great bargains. Especially with longer term contracts, you'd need to chip into wide bid-ask spreads, and the prices didn't offer stunning deals on either side of the trade, unless you held an extreme opinion.