Synthetic Long Discount Alert: BP PRUDHOE BAY $BPT trading at a 10.85% discount for the 21-Jun-2019 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for BP PRUDHOE BAY (BPT) for the 21-Jun-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BPT was recently trading at $32.75 and has an implied volatility of 23.95% for this period. Based on an analysis of the options available for BPT expiring on 21-Jun-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $22.95-$48.48 at expiration. In this scenario, the average linear return for the trade would be 57.81%.

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 $35.00, which is already $2.25 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 $5.80 per share. The final position can be considered as having a discount of $3.55 per share over the underlying price of $32.75 for a 10.84% 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 10/23/2018 1:24:46 PM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: B&G FOODS $BGS trading at a 10.40% discount for the 15-Jan-2021 expiration

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

BGS was recently trading at $27.34 and has an implied volatility of 12.84% for this period. Based on an analysis of the options available for BGS expiring on 15-Jan-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $17.81-$48.16 at expiration. In this scenario, the average linear return for the trade would be 70.65%.

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 $27.50, which is already $0.16 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 $3.00 per share. The final position can be considered as having a discount of $2.84 per share over the underlying price of $27.34 for a 10.39% 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 10/23/2018 12:12:34 PM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: GOLAR LNG PARTNERS $GMLP trading at a 10.52% discount for the 17-Jan-2020 expiration

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

GMLP was recently trading at $13.97 and has an implied volatility of 21.47% for this period. Based on an analysis of the options available for GMLP expiring on 17-Jan-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $9.39-$22.43 at expiration. In this scenario, the average linear return for the trade would be 62.70%.

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 $15.00, which is already $1.03 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 $2.50 per share. The final position can be considered as having a discount of $1.47 per share over the underlying price of $13.97 for a 10.52% 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 10/23/2018 11:54:10 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: SRC ENERGY INC $SRCI returning up to 39.86% through 15-Mar-2019

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Quantchabot has detected a promising Covered Call trade opportunity for SRC ENERGY INC (SRCI) for the 15-Mar-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SRCI was recently trading at $7.84 and has an implied volatility of 79.76% for this period. Based on an analysis of the options available for SRCI expiring on 15-Mar-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $4.96-$12.66 at expiration. In this scenario, the average linear return for the trade would be 10.76%.

Moneyness: These options are currently 27.47% out of the money and there is a 31.39% likelihood that these options will be exercised before or at expiration.

Most upside: If SRC ENERGY INC closes at or above $10.00, this trade could return up to 39.86%. Based on our analysis, there is a 30.97% 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 41.34% chance the underlying will close at or below its breakeven price of $7.15, 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 10/23/2018 11:24:22 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: IMMUNOMEDICS $IMMU returning up to 24.26% through 15-Feb-2019

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Quantchabot has detected a promising Covered Call trade opportunity for IMMUNOMEDICS (IMMU) for the 15-Feb-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

IMMU was recently trading at $21.99 and has an implied volatility of 84.37% for this period. Based on an analysis of the options available for IMMU expiring on 15-Feb-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $14.10-$34.88 at expiration. In this scenario, the average linear return for the trade would be 11.02%.

Moneyness: These options are currently 4.55% out of the money and there is a 47.31% likelihood that these options will be exercised before or at expiration.

Most upside: If IMMUNOMEDICS closes at or above $23.00, this trade could return up to 24.26%. Based on our analysis, there is a 46.79% 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 34.50% chance the underlying will close at or below its breakeven price of $18.51, 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 10/23/2018 11:24:00 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -7.3% move in SEADRILL LTD $SDRL

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Quantchabot has detected a promising Covered Put trade opportunity for SEADRILL LTD (SDRL) for the 16-Nov-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SDRL was recently trading at $21.64 and has an implied volatility of 121.84% for this period. Based on an analysis of the options available for SDRL expiring on 16-Nov-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $17.14-$21.68 at expiration. In this scenario, the average linear return for the trade would be 13.22%.

Big -7.32% Change: After closing the last trading session at $23.35, SEADRILL LTD opened today at $22.07 and has reached a low of $21.52.

Trade approach: A movement as big as -7.32% is a significantly bearish indicator, so this trade is designed to be profitable if SDRL maintains its current direction and does not revert back to pricing on the bullish side of $21.64 on 16-Nov-2018. 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 SEADRILL LTD closes at or below $21.74 on 16-Nov-2018. Based on our risk-neutral analysis, there is a 50.44% 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 10/23/2018 10:54:11 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: HERTZ GLOBAL HOLDINGS INC $HTZ returning up to 40.01% through 18-Apr-2019

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Quantchabot has detected a promising Covered Call trade opportunity for HERTZ GLOBAL HOLDINGS INC (HTZ) for the 18-Apr-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

HTZ was recently trading at $14.92 and has an implied volatility of 66.98% for this period. Based on an analysis of the options available for HTZ expiring on 18-Apr-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $9.19-$24.76 at expiration. In this scenario, the average linear return for the trade would be 10.73%.

Moneyness: These options are currently 27.47% out of the money and there is a 30.66% likelihood that these options will be exercised before or at expiration.

Most upside: If HERTZ GLOBAL HOLDINGS INC closes at or above $19.00, this trade could return up to 40.01%. Based on our analysis, there is a 32.08% 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 41.52% chance the underlying will close at or below its breakeven price of $13.57, 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 10/23/2018 10:54:11 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -8.4% move in BLOOM ENERGY CORP $BE

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Quantchabot has detected a promising Short Risk Reversal trade opportunity for BLOOM ENERGY CORP (BE) for the 16-Nov-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BE was recently trading at $22.11 and has an implied volatility of 108.81% for this period. Based on an analysis of the options available for BE expiring on 16-Nov-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $17.01-$22.18 at expiration. In this scenario, the average linear return for the trade would be 54.34%.

Big -8.45% Change: After closing the last trading session at $24.15, BLOOM ENERGY CORP opened today at $23.88 and has reached a low of $21.96.

Trade approach: A movement as big as -8.45% is a significantly bearish indicator, so this trade is designed to be profitable if BE maintains its current direction and does not revert back to pricing on the bullish side of $22.11 on 16-Nov-2018. 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 BLOOM ENERGY CORP closes at or below $23.00 on 16-Nov-2018. Based on our risk-neutral analysis, there is a 55.44% 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 10/23/2018 10:53:56 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: SNAP INC $SNAP returning up to 33.78% through 18-Apr-2019

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

SNAP was recently trading at $6.76 and has an implied volatility of 64.29% for this period. Based on an analysis of the options available for SNAP expiring on 18-Apr-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $4.33-$10.84 at expiration. In this scenario, the average linear return for the trade would be 11.71%.

Moneyness: These options are currently 18.26% out of the money and there is a 36.32% likelihood that these options will be exercised before or at expiration.

Most upside: If SNAP INC closes at or above $8.00, this trade could return up to 33.78%. Based on our analysis, there is a 36.74% 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 38.39% chance the underlying will close at or below its breakeven price of $5.98, 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 10/23/2018 10:53:56 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

52-Week Low Alert: Trading today’s movement in BLACKROCK $BLK

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Quantchabot has detected a promising Bear Put Spread trade opportunity for BLACKROCK (BLK) for the 21-Dec-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BLK was recently trading at $383.73 and has an implied volatility of 26.12% for this period. Based on an analysis of the options available for BLK expiring on 21-Dec-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $344.58-$385.37 at expiration. In this scenario, the average linear return for the trade would be 61.78%.

52 week low: BLACKROCK recently reached a new 52-week low at $381.53. BLK had traded in the range $399.00-$594.52 over the past year.

Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if BLK maintains its current direction and does not revert back to pricing on the bullish side of $383.73 on 21-Dec-2018. 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 BLACKROCK closes at or below $387.90 on 21-Dec-2018. Based on our risk-neutral analysis, there is a 52.33% 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 10/23/2018 10:46:09 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.