Synthetic Long Discount Alert: ANNALY CAPITAL $NLY trading at a 11.69% discount for the 15-Jan-2021 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for ANNALY CAPITAL (NLY) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NLY was recently trading at $9.29 and has an implied volatility of 6.45% for this period. Based on an analysis of the options available for NLY expiring on 15-Jan-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $7.32-$12.87 at expiration. In this scenario, the average linear return for the trade would be 84.81%.

Upside potential: This synthetic long position offers the same potential benefits and liabilities as a long stock position, but at a discount due to the significant premium at-the-money puts are trading at over calls. In this case, the put position is opened at a strike of $10.00, which is already $0.72 in-the-money. However, its sale more than offsets this moneyness and the cost of the long call that the trade results in a net credit of of $1.80 per share. The final position can be considered as having a discount of $1.09 per share over the underlying price of $9.29 for a 11.69% total.

Downside risk: This discount is generally a sign of the stock facing considerable short pressure, and may indicate that the stock has become hard to borrow. However, if you have a long view of the underlying over this period, it could be a good opportunity to benefit from the upside at a major discount.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 2:20:54 PM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: ANNALY CAPITAL $NLY trading at a 11.69% discount for the 15-Jan-2021 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for ANNALY CAPITAL (NLY) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NLY was recently trading at $9.29 and has an implied volatility of 6.45% for this period. Based on an analysis of the options available for NLY expiring on 15-Jan-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $7.32-$12.87 at expiration. In this scenario, the average linear return for the trade would be 84.81%.

Upside potential: This synthetic long position offers the same potential benefits and liabilities as a long stock position, but at a discount due to the significant premium at-the-money puts are trading at over calls. In this case, the put position is opened at a strike of $10.00, which is already $0.72 in-the-money. However, its sale more than offsets this moneyness and the cost of the long call that the trade results in a net credit of of $1.80 per share. The final position can be considered as having a discount of $1.09 per share over the underlying price of $9.29 for a 11.69% total.

Downside risk: This discount is generally a sign of the stock facing considerable short pressure, and may indicate that the stock has become hard to borrow. However, if you have a long view of the underlying over this period, it could be a good opportunity to benefit from the upside at a major discount.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 2:16:43 PM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: DIREXION DAILY SMALL CAP BEAR $TZA returning up to 33.78% through 18-Oct-2019

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Call trade opportunity for DIREXION DAILY SMALL CAP BEAR (TZA) for the 18-Oct-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TZA was recently trading at $9.76 and has an implied volatility of 50.53% for this period. Based on an analysis of the options available for TZA expiring on 18-Oct-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $6.97-$13.94 at expiration. In this scenario, the average linear return for the trade would be 10.06%.

Moneyness: These options are currently 23.01% out of the money and there is a 30.59% likelihood that these options will be exercised before or at expiration.

Most upside: If DIREXION DAILY SMALL CAP BEAR closes at or above $12.00, this trade could return up to 33.78%. Based on our analysis, there is a 28.54% likelihood of this return.

The downside: As with any covered call, the risk is substantial as it is vulnerable to a downturn in the underlying itself. There is a 39.27% chance the underlying will close at or below its breakeven price of $8.97, resulting in a net loss on the trade.

To find the best covered calls on the market, be sure to check out Quantcha’s covered call screener.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 12:21:52 PM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: DIREXION DAILY SMALL CAP BEAR $TZA returning up to 33.78% through 18-Oct-2019

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Call trade opportunity for DIREXION DAILY SMALL CAP BEAR (TZA) for the 18-Oct-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TZA was recently trading at $9.76 and has an implied volatility of 50.53% for this period. Based on an analysis of the options available for TZA expiring on 18-Oct-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $6.97-$13.94 at expiration. In this scenario, the average linear return for the trade would be 10.06%.

Moneyness: These options are currently 23.01% out of the money and there is a 30.59% likelihood that these options will be exercised before or at expiration.

Most upside: If DIREXION DAILY SMALL CAP BEAR closes at or above $12.00, this trade could return up to 33.78%. Based on our analysis, there is a 28.54% likelihood of this return.

The downside: As with any covered call, the risk is substantial as it is vulnerable to a downturn in the underlying itself. There is a 39.27% chance the underlying will close at or below its breakeven price of $8.97, resulting in a net loss on the trade.

To find the best covered calls on the market, be sure to check out Quantcha’s covered call screener.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 12:16:39 PM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: BP PRUDHOE BAY $BPT trading at a 12.54% discount for the 20-Dec-2019 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for BP PRUDHOE BAY (BPT) for the 20-Dec-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BPT was recently trading at $18.85 and has an implied volatility of 27.53% for this period. Based on an analysis of the options available for BPT expiring on 20-Dec-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $12.65-$28.97 at expiration. In this scenario, the average linear return for the trade would be 57.54%.

Upside potential: This synthetic long position offers the same potential benefits and liabilities as a long stock position, but at a discount due to the significant premium at-the-money puts are trading at over calls. In this case, the put position is opened at a strike of $20.00, which is already $1.15 in-the-money. However, its sale more than offsets this moneyness and the cost of the long call that the trade results in a net credit of of $3.50 per share. The final position can be considered as having a discount of $2.35 per share over the underlying price of $18.85 for a 12.49% total.

Downside risk: This discount is generally a sign of the stock facing considerable short pressure, and may indicate that the stock has become hard to borrow. However, if you have a long view of the underlying over this period, it could be a good opportunity to benefit from the upside at a major discount.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 11:56:21 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: ARLINGTON ASSET INVESTMNT $AI trading at a 10.43% discount for the 17-Jan-2020 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for ARLINGTON ASSET INVESTMNT (AI) for the 17-Jan-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AI was recently trading at $7.14 and has an implied volatility of 11.76% for this period. Based on an analysis of the options available for AI expiring on 17-Jan-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $5.50-$9.58 at expiration. In this scenario, the average linear return for the trade would be 58.34%.

Upside potential: This synthetic long position offers the same potential benefits and liabilities as a long stock position, but at a discount due to the significant premium at-the-money puts are trading at over calls. In this case, the put position is opened at a strike of $7.50, which is already $0.36 in-the-money. However, its sale more than offsets this moneyness and the cost of the long call that the trade results in a net credit of of $1.10 per share. The final position can be considered as having a discount of $0.74 per share over the underlying price of $7.14 for a 10.36% total.

Downside risk: This discount is generally a sign of the stock facing considerable short pressure, and may indicate that the stock has become hard to borrow. However, if you have a long view of the underlying over this period, it could be a good opportunity to benefit from the upside at a major discount.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 11:55:54 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: NEKTAR THERAPEUTICS $NKTR returning up to 33.02% through 18-Oct-2019

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Call trade opportunity for NEKTAR THERAPEUTICS (NKTR) for the 18-Oct-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NKTR was recently trading at $33.35 and has an implied volatility of 70.48% for this period. Based on an analysis of the options available for NKTR expiring on 18-Oct-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $21.28-$53.36 at expiration. In this scenario, the average linear return for the trade would be 10.01%.

Moneyness: These options are currently 19.94% out of the money and there is a 35.42% likelihood that these options will be exercised before or at expiration.

Most upside: If NEKTAR THERAPEUTICS closes at or above $40.00, this trade could return up to 33.02%. Based on our analysis, there is a 35.46% likelihood of this return.

The downside: As with any covered call, the risk is substantial as it is vulnerable to a downturn in the underlying itself. There is a 40.21% chance the underlying will close at or below its breakeven price of $30.07, resulting in a net loss on the trade.

To find the best covered calls on the market, be sure to check out Quantcha’s covered call screener.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 11:16:02 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: GENWORTH FINANCIAL $GNW returning up to 34.68% through 20-Sep-2019

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Call trade opportunity for GENWORTH FINANCIAL (GNW) for the 20-Sep-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GNW was recently trading at $3.37 and has an implied volatility of 86.58% for this period. Based on an analysis of the options available for GNW expiring on 20-Sep-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.10-$5.49 at expiration. In this scenario, the average linear return for the trade would be 11.49%.

Moneyness: These options are currently 18.87% out of the money and there is a 36.69% likelihood that these options will be exercised before or at expiration.

Most upside: If GENWORTH FINANCIAL closes at or above $4.00, this trade could return up to 34.68%. Based on our analysis, there is a 36.63% likelihood of this return.

The downside: As with any covered call, the risk is substantial as it is vulnerable to a downturn in the underlying itself. There is a 39.08% chance the underlying will close at or below its breakeven price of $2.97, resulting in a net loss on the trade.

To find the best covered calls on the market, be sure to check out Quantcha’s covered call screener.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 11:15:38 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -11.9% move in AMBARELLA INC $AMBA

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Call Spread trade opportunity for AMBARELLA INC (AMBA) for the 31-May-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AMBA was recently trading at $38.98 and has an implied volatility of 50.46% for this period. Based on an analysis of the options available for AMBA expiring on 31-May-2019, there is a 34.15% likelihood that the underlying will close within the analyzed range of $35.94-$39.00 at expiration. In this scenario, the average linear return for the trade would be 50.00%.

Big -11.92% Change: After closing the last trading session at $44.25, AMBARELLA INC opened today at $38.66 and has reached a low of $38.16.

Trade approach: A movement as big as -11.92% is a significantly bearish indicator, so this trade is designed to be profitable if AMBA maintains its current direction and does not revert back to pricing on the bullish side of $38.98 on 31-May-2019. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bearish strategy, the trade would be profitable if AMBARELLA INC closes at or below $39.50 on 31-May-2019. Based on our risk-neutral analysis, there is a 56.16% likelihood of this return.

Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 11:00:21 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

52-Week High Alert: Trading today’s movement in AMERICAN ELECTRIC POWER $AEP

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Put Spread trade opportunity for AMERICAN ELECTRIC POWER (AEP) for the 19-Jul-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AEP was recently trading at $86.80 and has an implied volatility of 12.89% for this period. Based on an analysis of the options available for AEP expiring on 19-Jul-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $87.14-$91.93 at expiration. In this scenario, the average linear return for the trade would be 46.04%.

52 week high: AMERICAN ELECTRIC POWER recently reached a new 52-week high at $86.83. AEP had traded in the range $62.71-$86.77 over the past year.

Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if AEP maintains its current direction and does not revert back to pricing on the bearish side of $86.80 on 19-Jul-2019. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if AMERICAN ELECTRIC POWER closes at or above $86.70 on 19-Jul-2019. Based on our risk-neutral analysis, there is a 53.79% likelihood of this return.

Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.


This is an automated post generated based on a market analysis of delayed data at 5/22/2019 11:00:21 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.