Then analyzing the options chain and the chart patterns of TWLO Twilio prior to the earnings report this week, I would consider purchasing the 60usd strike price in the money Calls with an expiration date of 2023-8-11, for a premium of approximately $4.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade closed: target reached
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TWLO reached $65.19 after earnings and the calls were profitable at that point. Haven`t monitored them.