By Adam R Jacobson
RBR + TVBR
Much has been said about where Pandora Media is heading.
With a premium subscription-based offering still to be released and a re-imagined “Pandora One” now dubbed “Pandora Plus,” with a $4.99 price point still in place , some investors may be questioning just where Pandora will be in six to 12 months.
For options traders looking ahead to January 20, 2017, however, Pandora Media’s shares are — in their view — headed for further share erosion.