Twilio expects its revenue to rise 33%-35% annually in the second quarter, but withdrew its prior full-year outlook for 30%-31% revenue growth in light of the COVID-19 pandemic. The decision wasn’t surprising since many other tech companies recently suspended their forecasts, but Twilio’s core business seems well-insulated from the pandemic.
My suggestion is to get into this trade early before there is a huge difference in the bid/ask price. The current stock price is $224.50.
The $225 Call for Week Ending 8/14 is Bid $ 17.25 Ask $19.40
The $227 Call for Week Ending 8/14 is Bid $ 16.25 Ask $18.40
If you are going to try and get into the trade a good time is normally around 3:15-3:30 pm EST when the sell off starts look for the option price to turn red and try and bid lower. You can always do a vertical call or some other type of option to pay a cheaper price.
My suggestion is to get into this trade early before there is a huge difference in the bid/ask price. The current stock price is $224.50.
The $225 Call for Week Ending 8/14 is Bid $ 17.25 Ask $19.40
The $227 Call for Week Ending 8/14 is Bid $ 16.25 Ask $18.40
If you are going to try and get into the trade a good time is normally around 3:15-3:30 pm EST when the sell off starts look for the option price to turn red and try and bid lower. You can always do a vertical call or some other type of option to pay a cheaper price.