Financial giants have made a conspicuous bullish move on Twilio. Our analysis of options history for Twilio TWLO revealed 12 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $622,067, and 9 were calls, valued at $368,579.
Expected Price Movements
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 $80.0 for Twilio over the last 3 months.
Analyzing Volume & Open Interest
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 $45.0 to $80.0 in the last 30 days.
Twilio Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TWLO | PUT | TRADE | BULLISH | 01/17/25 | $67.50 | $494.0K | 0 | 400 |
| TWLO | PUT | SWEEP | BULLISH | 01/17/25 | $45.00 | $92.0K | 702 | 313 |
| TWLO | CALL | SWEEP | BULLISH | 07/19/24 | $65.00 | $60.0K | 453 | 217 |
| TWLO | CALL | SWEEP | BEARISH | 06/21/24 | $80.00 | $50.2K | 5.7K | 496 |
| TWLO | CALL | SWEEP | BULLISH | 07/19/24 | $65.00 | $46.9K | 453 | 97 |
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.
After a thorough review of the options trading surrounding Twilio, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Twilio's Current Market Status
- With a trading volume of 2,030,037, the price of TWLO is down by -0.48%, reaching $62.0.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 54 days from now.
What The Experts Say On Twilio
In the last month, 5 experts released ratings on this stock with an average target price of $62.8.
- An analyst from Goldman Sachs has decided to maintain their Neutral rating on Twilio, which currently sits at a price target of $70.
- Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Twilio, targeting a price of $74.
- Maintaining their stance, an analyst from Stifel continues to hold a Hold rating for Twilio, targeting a price of $60.
- An analyst from Wells Fargo persists with their Equal-Weight rating on Twilio, maintaining a target price of $60.
- An analyst from RBC Capital downgraded its action to Underperform with 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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