Quick TWLO Update

Bought 5 x $100 Puts to protect from major downside

‪Update: very confident in $TWLO. I own 576 shares. But in the current volatile environment I want to protect from major downside and I’m willing to give up a little profit to the upside. ‬

‪So I bought 5 x $100 puts for $3.00 each.

this means if the stock pops $10, I make $7 per share. If it drops to below $97 I won’t lose anything.

I’m not concerned with a smaller drop or small disappointment in earnings and would continue happily holding my shares if that happened.

‬

‪

Austin Lieberman @AustinLieb

1/ $TWLO @twilio reports today after the close. Position size 16% Shares 576 Avg Purch Price: $65.41 I'd like to see: Total Rev: $302.25M 169k customers DBNER: 137%-140% Read my full company overview and earnings preview here: 👇 austin.substack.com/p/company-over…

austin.substack.comCompany Overview: Twilio (TWLO)Twilio is currently 16% of our portfolio so this earnings announcement could have a significant impact on our portfolio. At a high level, I feel comfortable with the size of the position. I feel like Twilio has been building an extremely strong foundation with an exceptional balance sheet and a stro…