Market Whales and Their Recent Bets on TWLO Options
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown a bullish sentiment on Twilio (NYSE:TWLO) through significant options trading, as reported by Benzinga. The trading activity, which is not typical, includes 10 options trades with a bullish-bearish split of 60%-40%. The trades suggest a target price range for TWLO between $55.0 and $80.0 over the next three months. Currently, TWLO's stock is slightly up by 0.41% at $71.89, with an anticipated earnings release in 2 days. Analyst ratings in the last month have an average target price of $70.0, with Barclays maintaining an Equal-Weight rating.
February 12, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Twilio has seen unusual options activity indicating a bullish sentiment among high-rolling investors, with a price target range set between $55 and $80 over the next three months. The stock is currently up, trading at $71.89, with an earnings release anticipated in 2 days.
The significant options activity, particularly the bullish sentiment and the upcoming earnings release, suggest potential for stock price movement. The current price is already within the targeted range, indicating investor confidence. However, the market's reaction to the earnings report will be crucial.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100