Significant Options Trading on Friday: GRPN, TWLO, OKTA
Twilio Options Trading: Twilio Inc (TWLO) experienced significant options trading with 18,455 contracts, equating to about 1.8 million underlying shares, notably for the $123 strike put option expiring on December 5, 2025.
Okta Options Trading: Okta Inc (OKTA) also saw high options trading volume of 14,043 contracts, representing approximately 1.4 million underlying shares, particularly for the $65 strike put option expiring on March 20, 2026.
Trading Volume Comparison: The options trading volumes for both companies represent around 72.8% of TWLO's and 72.6% of OKTA's average daily trading volumes over the past month.
Further Information: For additional details on available options expirations for GRPN, TWLO, or OKTA, StockOptionsChannel.com can be visited.
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- Strong Earnings Report: Okta's Q4 non-GAAP EPS of $0.90 surpassed expectations by $0.05, with revenue reaching $761 million, an 11.6% year-over-year increase, exceeding market expectations by $11.5 million, indicating robust growth in a competitive landscape.
- Performance Growth: Both total revenue and subscription revenue grew by 11% year-over-year in Q4, while remaining performance obligations (RPO) increased by 15% to $4.827 billion, and current RPO (cRPO) rose by 12% to $2.513 billion, demonstrating strong revenue sustainability for the upcoming year.
- Future Guidance: The company anticipates Q1 fiscal 2027 total revenue between $749 million and $753 million, reflecting a 9% year-over-year growth, with current RPO expected between $2.440 billion and $2.450 billion, showcasing confidence in future growth prospects.
- Cash Flow Expectations: For fiscal 2027, non-GAAP free cash flow is projected to be between $850 million and $880 million, yielding a free cash flow margin of 27% to 28%, reflecting strategic adjustments in capital structure and responses to changing interest rate environments.
- Okta Options Volume: Okta Inc saw options trading volume of 29,509 contracts, equating to approximately 3 million shares, which represents about 85.8% of its average daily trading volume of 3.4 million shares over the past month, indicating strong market interest in its future performance.
- High-Frequency Contracts: Notably, the $100 strike put option expiring on September 18, 2026, has seen 2,500 contracts traded today, representing around 250,000 underlying shares, suggesting investor expectations of a potential price decline.
- PBF Energy Options Activity: PBF Energy Inc's options trading volume reached 24,968 contracts, approximately 2.5 million shares, which is about 81.4% of its average daily trading volume of 3.1 million shares over the past month, reflecting sustained investor interest in the company.
- Bullish Call Options: Particularly, the $44 strike call option expiring on March 20, 2026, has recorded 8,570 contracts traded today, representing approximately 857,000 underlying shares, indicating a bullish sentiment regarding PBF's future performance.
- Strong Employment Data: The ADP report indicates that private payrolls increased by 63,000 in February, surpassing the Dow Jones estimate of 48,000, which suggests a robust recovery in the labor market and alleviates concerns about economic slowdown.
- Services PMI Rebound: The Institute for Supply Management's Services PMI rose to 56.1 in February, the highest level since July 2022, indicating a rebound in economic activity, while the drop in prices paid by service organizations suggests potential easing of inflationary pressures.
- Oil Market Volatility: Despite ongoing conflict in Iran, oil prices saw their first decline on Wednesday, reflecting market concerns over rising energy prices, and comments from the Treasury Secretary may influence the oil market and overall market sentiment.
- Apple's New Product Launch: Apple introduced the new MacBook Neo with a starting price of $599, significantly lower than other models, appealing to budget-conscious consumers and expanding its share in the lower-priced laptop market.
- Earnings Release Announcement: Okta is set to release its fourth-quarter earnings after the market closes on March 4, with analysts projecting earnings per share of $0.85, an increase from $0.78 in the same quarter last year, indicating a sustained improvement in the company's profitability.
- Revenue Growth Expectations: The consensus estimate for Okta's quarterly revenue stands at $749.5 million, reflecting a 10.5% increase from $682 million a year earlier, showcasing the company's strong performance and rising customer demand in the market.
- Expanded Partnership with PGA: On February 5, Okta announced an expanded relationship with the PGA of America, which boasts over 30,000 golf professionals, enhancing Okta's influence and market penetration in the sports industry through this strategic collaboration.
- Stock Price Fluctuation: Despite the optimistic outlook, Okta's shares fell by 2% to close at $72.52 on Tuesday, indicating a cautious sentiment among investors ahead of the earnings report, which could impact investor confidence.
- Earnings Release Date: Okta, Inc. is set to release its Q4 earnings on March 4, with market participants keenly awaiting the financial results to assess the company's future growth potential.
- Earnings Forecast: Analysts predict an EPS of 85 cents and revenue of $749.5 million, which will directly influence investor confidence in the company's stock performance.
- Stock Price Movement: On Tuesday, Okta's stock fell by 2%, reflecting a cautious market sentiment ahead of the earnings report, possibly due to investor concerns regarding the earnings forecast.
- Market Reaction: The decline in stock price prior to the earnings release may affect investor sentiment, particularly in the context of intense competition and market uncertainties facing the company.
- Stock Market Movement: Stock futures were showing slight increases on Wednesday.
- Investor Sentiment: Investors are assessing the potential for the U.S.-Iran conflict to escalate into a prolonged war.








