Deep-pocketed investors have adopted a bearish approach towards Twilio 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 10 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 60% bearish. Among these notable options, 8 are puts, totaling $335,430, and 2 are calls, amounting to $217,534.
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 $50.0 to $85.0 for Twilio over the last 3 months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Twilio options trades today is 855.14 with a total volume of 1,195.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Twilio's big money trades within a strike price range of $50.0 to $85.0 over the last 30 days.
Twilio Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TWLO | CALL | SWEEP | BEARISH | 04/19/24 | $60.00 | $169.5K | 2.0K | 741 |
| TWLO | PUT | SWEEP | BEARISH | 01/17/25 | $50.00 | $60.9K | 2.0K | 236 |
| TWLO | PUT | SWEEP | BEARISH | 01/16/26 | $55.00 | $55.7K | 1.3K | 64 |
| TWLO | CALL | TRADE | BULLISH | 03/15/24 | $52.00 | $48.0K | 0 | 4 |
| TWLO | PUT | TRADE | BULLISH | 01/17/25 | $85.00 | $47.4K | 418 | 16 |
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.
Following our analysis of the options activities associated with Twilio, we pivot to a closer look at the company's own performance.
Where Is Twilio Standing Right Now?
- Currently trading with a volume of 1,020,910, the TWLO's price is down by -1.71%, now at $55.71.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 76 days.
Professional Analyst Ratings for Twilio
5 market experts have recently issued ratings for this stock, with a consensus target price of $73.2.
- An analyst from Baird persists with their Neutral rating on Twilio, maintaining a target price of $70.
- Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Twilio with a target price of $70.
- An analyst from Northland Capital Markets downgraded its action to Market Perform with a price target of $66.
- Reflecting concerns, an analyst from JMP Securities lowers its rating to Market Outperform with a new price target of $110.
- In a cautious move, an analyst from RBC Capital downgraded its rating to Underperform, setting a price target of $50.
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.
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