By Karim Rahemtulla This morning, despite a crumbling market at the open, War Room members cleaned up on a spread trade on Twilio (NYSE: TWLO) when the company blew away estimates.
Yesterday, Bryan urged members to get into a Twilio spread:
Open Trade TWLO:
Let’s move into a new call spread on TWLO – which is a name that could have room up to retest $280 and has remained strong in the midst of the back-and-forth market moves. Here’s the play:
TWLO Call Spread: Buy to Open the TWLO October 255 Calls (O:TWLO 20J255.00D16) for the best prices available, good for the day. Then, Sell …read more