Benzinga | Dec 31, 2021 12:51PM EST

This Is What Whales Are Betting On Twilio

Someone with a lot of money to spend has taken a bearish 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 11 uncommon options trades for Twilio.

This isn't normal.

The overall sentiment of these big-money traders is split between 18% bullish and 81%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $106,213, and 8 are calls, for a total amount of $376,887.

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 $40.0 to $350.0 for Twilio over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $40.0 to $350.0 in the last 30 days.

Twilio Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:



Symbol PUT/ Trade Sentiment Exp. Strike Total Trade Open Volume CALL Type Date Price Price InterestTWLO CALL SWEEP BULLISH 09/16/ $290.00 $78.2K 299 277 22TWLO CALL TRADE BEARISH 01/21/ $40.00 $68.5K 5 5 22TWLO CALL SWEEP NEUTRAL 09/16/ $290.00 $50.3K 299 220 22TWLO CALL TRADE BEARISH 01/21/ $40.00 $46.0K 5 2 22TWLO CALL TRADE BEARISH 04/14/ $350.00 $42.1K 530 200 22

Where Is Twilio Standing Right Now?

* With a volume of 550,552, the price of TWLO is up 0.27% at $266.06.

* RSI indicators hint that the underlying stock may be approaching overbought.

* Next earnings are expected to be released in 47 days.

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.