Deep-pocketed investors have adopted a bearish approach towards Twilio (NYSE:TWLO), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TWLO usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Twilio. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 40% leaning bullish and 53% bearish. Among these notable options, 3 are puts, totaling $98,314, and 12 are calls, amounting to $589,449.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $85.0 for Twilio over the last 3 months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Twilio's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Twilio's significant trades, within a strike price range of $45.0 to $85.0, over the past month.

Twilio Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Twilio

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

Current Position of Twilio

• Currently trading with a volume of 1,416,465, the TWLO's price is up by 0.55%, now at $60.43.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 85 days.

Professional Analyst Ratings for Twilio

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $72.0.

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.