No. of Recommendations: 0
Twilio is Saul's no. 1 holding.

This is my second play on Twilio with Calls in the past 3 to 4 weeks?

I purchased the Aug 16 2019 140 calls last Friday. Already carrying a decent double-digit gain on them. I am looking for another 100% to 200% cashout on these reminescent of the winning trades I posted on some SaaS stocks a few weeks ago.

Set my stop/loss, as usual for a 50% loss on these.

Daily chart:

And here is my 30-minute chart, meaning every stick is a 30-minute interval. It shows the clear uptrend channel I trade. I bought inside that second stick last Friday. And for that I used LIVE 1 minute and 5-minute charts, using first a 3 x 8 ema bullish crossover for the first purchase, followed by a 10 ema x 20 ema bullish crossover for the second purchase, after monitoring how the 30 minute and daily charts.

I use thinkorswim platform for LIVE trading and that's where I keep my one and five-minute charts.

Note: Twilio pre-market is down a buck on very light volume. I will double up on this bet with more calls if I see higher volume to an upside move. I do not double down. If I'm at - 50% loss on either puts or call bets, I cut bait and go fishing again elsewhere.

I recently cut loose MDB at -50% loss on a bet with calls. It plummeted further after my stop/loss fired off. Now it's setting up again for a possible play.
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