100s of titles, one news app for just $10 a month.
Latest Business news:
Countries agree to overhaul WHO funding model
Geneva (AFP) - The World Health Organization's member states agreed Tuesday to overhaul how they fund the UN health agency,…
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
Coinbase has been testing an app that allows staff to rate each other
Dot Collector was first implemented by Bridgewater Associates, a prolific hedgefund, to encourage transparency.
The impact of Indonesia's ban on palm oil exports reverberated across the globe
Amid an ongoing global food price crisis, vegetable oils are registering record-breaking highs. According to data compiled by the Food…
Argentina to ease exchange control for oil and gas companies
Buenos Aires (AFP) - Argentina on Tuesday announced an easing of foreign exchange controls for the shale oil and gas…
Google urged to stop location tracking to protect privacy of abortion seekers
San Francisco (AFP) - A group of US Democratic lawmakers urged Google on Tuesday to stop collecting smartphone location data…
From analysis to good news, read the world’s best news in one place
Stocks mostly fall after sentiment Snap-ped
New York (AFP) - Stock markets retreated Tuesday on renewed concerns over weak global growth following a profit warning from the…
Population level on a lower track: RBA
RBA assistant governor for economics Luci Ellis does not expect the population level to catch-up to the numbers lost during…

What Are Whales Doing With Twilio

By Benzinga Insights

Someone with a lot of money to spend has taken a bullish stance on Twilio (NYSE:TWLO).

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with TWLO, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 25 uncommon options trades for Twilio.

This isn't normal.

The overall sentiment of these big-money traders is split between 52% bullish and 48%, bearish.

Out of all of the special options we uncovered, 18 are puts, for a total amount of $1,604,397, and 7 are calls, for a total amount of $540,470.

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 $75.0 to $340.0 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 $75.0 to $340.0 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 $340.00 $684.9K 80 30
TWLO CALL TRADE NEUTRAL 01/19/24 $100.00 $197.5K 96 52
TWLO PUT TRADE BULLISH 06/17/22 $145.00 $118.0K 333 33
TWLO CALL TRADE BEARISH 01/20/23 $140.00 $117.7K 346 75
TWLO PUT SWEEP BULLISH 10/21/22 $90.00 $112.0K 385 116

Where Is Twilio Standing Right Now?

  • With a volume of 2,285,299, the price of TWLO is up 13.43% at $112.55.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 76 days.

What The Experts Say On Twilio:

  • Wells Fargo has decided to maintain their Overweight rating on Twilio, which currently sits at a price target of $225.
  • Needham has decided to maintain their Buy rating on Twilio, which currently sits at a price target of $200.
  • Piper Sandler has decided to maintain their Overweight rating on Twilio, which currently sits at a price target of $220.
  • JMP Securities has decided to maintain their Market Outperform rating on Twilio, which currently sits at a price target of $250.
  • Goldman Sachs has decided to maintain their Buy rating on Twilio, which currently sits at a price target of $262.

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 {d[company_name]}, Benzinga Progives you real-time options trades alerts.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.