A whale with a lot of money to spend has taken a noticeably bearish stance on Twilio.
Looking at options history for Twilio (NYSE:TWLO) we detected 22 strange trades.
If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $684,543 and 14, calls, for a total amount of $824,253.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $550.0 for Twilio over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $120.0 to $550.0 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 | PUT | TRADE | BULLISH | 01/20/23 | $540.00 | $341.1K | 122 | 10 |
| TWLO | CALL | TRADE | NEUTRAL | 06/17/22 | $210.00 | $178.0K | 277 | 85 |
| TWLO | CALL | TRADE | BEARISH | 01/19/24 | $550.00 | $105.7K | 154 | 152 |
| TWLO | CALL | SWEEP | BEARISH | 02/18/22 | $180.00 | $95.3K | 334 | 52 |
| TWLO | PUT | TRADE | NEUTRAL | 02/18/22 | $290.00 | $81.8K | 310 | 10 |
Where Is Twilio Standing Right Now?
- With a volume of 2,565,782, the price of TWLO is up 1.06% at $197.79.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 78 days.
What The Experts Say On Twilio:
- BTIG downgraded its action to Buy with a price target of $260
- Keybanc has decided to maintain their Overweight rating on Twilio, which currently sits at a price target of $320.
- Atlantic Equities downgraded its action to Overweight with a price target of $240
- Mizuho has decided to maintain their Buy rating on Twilio, which currently sits at a price target of $300.
- RBC Capital has decided to maintain their Outperform rating on Twilio, which currently sits at a price target of $400.
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 are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.
