High-rolling investors have positioned themselves bullish on Twilio TWLO, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in TWLO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 10 options trades for Twilio. This is not a typical pattern.
The sentiment among these major traders is split, with 60% bullish and 40% bearish. Among all the options we identified, there was one put, amounting to $28,350, and 9 calls, totaling $513,128.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $80.0 for Twilio over the recent three months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Twilio stands at 744.0, with a total volume reaching 813.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Twilio, situated within the strike price corridor from $55.0 to $80.0, throughout the last 30 days.
Twilio Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TWLO | CALL | SWEEP | BULLISH | 01/17/25 | $55.00 | $243.5K | 344 | 100 |
| TWLO | CALL | SWEEP | BULLISH | 01/17/25 | $75.00 | $61.1K | 1.2K | 71 |
| TWLO | CALL | SWEEP | BULLISH | 02/16/24 | $70.00 | $35.4K | 1.6K | 225 |
| TWLO | CALL | TRADE | BEARISH | 01/17/25 | $75.00 | $33.1K | 1.2K | 25 |
| TWLO | CALL | TRADE | BULLISH | 01/17/25 | $60.00 | $31.7K | 819 | 15 |
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.
Current Position of Twilio
- Currently trading with a volume of 713,635, the TWLO's price is up by 0.41%, now at $71.89.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 2 days.
Professional Analyst Ratings for Twilio
In the last month, 1 experts released ratings on this stock with an average target price of $70.0.
- An analyst from Barclays persists with their Equal-Weight rating on Twilio, maintaining a target price of $70.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Twilio, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
