Very nice day for TWLO on a very bad day...options are getting expensive, probably meaning that everyone is getting bullish on it to rebound hard. Maybe a $350/$400 January call spread at 3ISH could sit out there for a month and let it decide a move back over $300
I’m hoping it breaks 310 by next week. I got fake out last week with the move higher, then it fell off the face of the earth and now I’m in for the ride.
UnknownUnicorn3924154
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@shaunldb92, The options market is pricing it for a move, we just need this COVID variant news to simmer down and not escalate over the weekend.