I generally don't like to ride broncos right out of the stall, but I might make an exception here ... .
This is because the Oct 21st 45 short put is currently bid 3.00, ask 3.80 (mid 3.40). That's $340 in premium for a one contract 58 and change underlying ... .
Sept 16th 45 short put: bid .95, ask 1.11, mid 1.03.
Oct 21st 40 short put: bid...
TWLO is reaching the end of its consolidation wedge. Price point for bullish breakout is $42; sell point is $32. Big price action move coming on Tuesday, July 12th 2016. Gaps formed on the 28th and 29th of June have not been filled; as well as small gap on the 11th of July.