Twilio, Atlassian, and AeroVironment See High Options Activity

A report highlights substantial options trading activity for Twilio, Atlassian, and AeroVironment, indicating possible investor sentiment and stock price movements.

Date: 04-12-2024

AI Rating: 7

The report sheds light on significant options trading activity among several companies, which can be an indicator of future stock movements.

Twilio Inc (TWLO): The report indicates a notable trading volume of 16,212 contracts, amounting to about 1.6 million underlying shares, which reflects 52.3% of its average daily trading volume over the past month. The specific interest in the $110 strike call option set to expire in January 2025, with 5,343 contracts traded, suggests bullish sentiment among investors.

Atlassian Corp (TEAM): With 11,067 options contracts traded, representing roughly 1.1 million underlying shares, this volume accounts for 51.4% of TEAM's average daily volume. The significant interest in the $280 strike call option, with 1,962 contracts traded, also indicates positive investor sentiment.

AeroVironment, Inc. (AVAV): The volume of 2,184 contracts, translating to around 218,400 underlying shares, corresponds to 51.1% of AVAV's average daily trading volume. The $220 strike call option, with 382 contracts, points to potential bullish expectations.

This heightened activity in options trading suggests that investors may anticipate upward price movements in these stocks, primarily driven by the interest in call options, which typically indicate a bullish outlook.

Stocks: TWLO TEAM AVAV