27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Financial giants have made a conspicuous bearish move on Twilio. Our analysis of options history for Twilio (NYSE:TWLO) revealed 10 unusual trades.
Delving into the details, we found 20% of traders were bullish, while 80% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $463,458, and 6 were calls, valued at $546,262.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $53.0 to $540.0 for Twilio over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Twilio's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Twilio's whale trades within a strike price range from $53.0 to $540.0 in the last 30 days.
Twilio Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TWLO | CALL | TRADE | BEARISH | 12/22/23 | $53.00 | $207.8K | 0 | 114 |
| TWLO | CALL | TRADE | BULLISH | 12/15/23 | $53.00 | $207.1K | 165 | 114 |
| TWLO | PUT | TRADE | BEARISH | 01/19/24 | $540.00 | $187.9K | 0 | 4 |
| TWLO | PUT | SWEEP | BEARISH | 06/21/24 | $70.00 | $184.4K | 114 | 239 |
| TWLO | PUT | SWEEP | BEARISH | 06/21/24 | $70.00 | $56.5K | 114 | 355 |
About Twilio
Twilio is a cloud-based communications platform-as-a-service company offering communication building blocks that allow for a fully customized customer engagement experience spanning voice, video, chat, and SMS messaging. It does this through various application programming interfaces and prebuilt solution applications aimed at improving customer engagement. The company leverages its Super Network, a global network of carrier relationships, to facilitate high-speed, cost-effective communication.
Having examined the options trading patterns of Twilio, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Twilio
- Trading volume stands at 2,533,051, with TWLO's price down by -0.54%, positioned at $70.75.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 63 days.
What Analysts Are Saying About Twilio
In the last month, 3 experts released ratings on this stock with an average target price of $73.33333333333333.
- An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $70.
- An analyst from Needham has decided to maintain their Buy rating on Twilio, which currently sits at a price target of $80.
- An analyst from Wells Fargo persists with their Equal-Weight rating on Twilio, maintaining a target price of $70.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Twilio with Benzinga Pro for real-time alerts.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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