If you haven`t bought TWLO before the previous earnings:
Then analyzing the options chain and the chart patterns of TWLO Twilio prior to the earnings report this week, I would consider purchasing the 62.50usd strike price Puts with an expiration date of 2024-7-19, for a premium of approximately $5.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
TWLO traded at $53.06 last friday, and the Puts went up from $5.15 (when I wrote this article) to $9.35 at the market close, for about 80% gain!
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