Covered Call Alert: ESPERION THERAPEUTICS INC. CO $ESPR returning up to 34.52% through 18-Jan-2019

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

ESPR was recently trading at $44.25 and has an implied volatility of 103.36% for this period. Based on an analysis of the options available for ESPR expiring on 18-Jan-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $25.31-$78.65 at expiration. In this scenario, the average linear return for the trade would be 12.99%.

Moneyness: These options are currently 12.84% out of the money and there is a 41.64% likelihood that these options will be exercised before or at expiration.

Most upside: If ESPERION THERAPEUTICS INC. CO closes at or above $50.00, this trade could return up to 34.52%. Based on our analysis, there is a 42.03% 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 37.37% chance the underlying will close at or below its breakeven price of $37.17, 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 10/8/2018 10:51:04 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -7.5% move in ARROWHEAD PHARMACEUTICALS INC. $ARWR

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

ARWR was recently trading at $13.63 and has an implied volatility of 136.37% for this period. Based on an analysis of the options available for ARWR expiring on 16-Nov-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $9.55-$13.66 at expiration. In this scenario, the average linear return for the trade would be 35.33%.

Big -7.53% Change: After closing the last trading session at $14.74, ARROWHEAD PHARMACEUTICALS INC. opened today at $14.71 and has reached a low of $13.23.

Trade approach: A movement as big as -7.53% is a significantly bearish indicator, so this trade is designed to be profitable if ARWR maintains its current direction and does not revert back to pricing on the bullish side of $13.63 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 ARROWHEAD PHARMACEUTICALS INC. closes at or below $14.11 on 16-Nov-2018. Based on our risk-neutral analysis, there is a 53.58% 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 10/8/2018 10:51:02 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 VODAFONE GROUP PLC AMERICAN DE $VOD

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Quantchabot has detected a promising Bear Call Spread trade opportunity for VODAFONE GROUP PLC AMERICAN DE (VOD) for the 9-Nov-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

VOD was recently trading at $20.40 and has an implied volatility of 22.24% for this period. Based on an analysis of the options available for VOD expiring on 9-Nov-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $19.14-$20.44 at expiration. In this scenario, the average linear return for the trade would be 70.02%.

52 week low: VODAFONE GROUP PLC AMERICAN DE recently reached a new 52-week low at $20.38. VOD had traded in the range $21.01-$32.75 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 VOD maintains its current direction and does not revert back to pricing on the bullish side of $20.40 on 9-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 VODAFONE GROUP PLC AMERICAN DE closes at or below $20.46 on 9-Nov-2018. Based on our risk-neutral analysis, there is a 50.69% 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 10/8/2018 10:50:54 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: GLOBAL BLOOD THERAPEUTICS INC. COMMON STOCK $GBT returning up to 29.10% through 18-Jan-2019

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Quantchabot has detected a promising Covered Call trade opportunity for GLOBAL BLOOD THERAPEUTICS INC. COMMON STOCK (GBT) for the 18-Jan-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GBT was recently trading at $34.87 and has an implied volatility of 110.62% for this period. Based on an analysis of the options available for GBT expiring on 18-Jan-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $19.99-$61.66 at expiration. In this scenario, the average linear return for the trade would be 15.02%.

Moneyness: These options are currently 0.39% out of the money and there is a 50.21% likelihood that these options will be exercised before or at expiration.

Most upside: If GLOBAL BLOOD THERAPEUTICS INC. COMMON STOCK closes at or above $35.00, this trade could return up to 29.10%. Based on our analysis, there is a 50.21% 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 32.32% chance the underlying will close at or below its breakeven price of $27.11, 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 10/8/2018 10:50:18 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 NOVO-NORDISK $NVO

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Quantchabot has detected a promising Bear Put Spread trade opportunity for NOVO-NORDISK (NVO) for the 19-Oct-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NVO was recently trading at $42.70 and has an implied volatility of 21.80% for this period. Based on an analysis of the options available for NVO expiring on 19-Oct-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $41.02-$42.73 at expiration. In this scenario, the average linear return for the trade would be 58.35%.

52 week low: NOVO-NORDISK recently reached a new 52-week low at $42.49. NVO had traded in the range $42.90-$58.37 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 NVO maintains its current direction and does not revert back to pricing on the bullish side of $42.70 on 19-Oct-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 NOVO-NORDISK closes at or below $42.85 on 19-Oct-2018. Based on our risk-neutral analysis, there is a 52.84% 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 10/8/2018 10:50:32 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: TURTLE BEACH CORPORATION COMMO $HEAR trading at a 11.41% discount for the 17-Jan-2020 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for TURTLE BEACH CORPORATION COMMO (HEAR) for the 17-Jan-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

HEAR was recently trading at $17.82 and has an implied volatility of 65.40% for this period. Based on an analysis of the options available for HEAR expiring on 17-Jan-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $6.74-$50.97 at expiration. In this scenario, the average linear return for the trade would be 62.39%.

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 long call position is opened at a strike of $17.50, which is already $0.32 in the money. An out-of-the-money put at the same strike is sold to finance the call, resulting in a net credit of $1.70 per share. The final position can be considered as having a discount of $2.02 per share over the underlying price of $17.82 for a 11.34% 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 10/8/2018 10:50:10 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Gainer Alert: Trading today’s 9.6% move in BANK BRADESCO $BBD

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Quantchabot has detected a promising Bull Call Spread trade opportunity for BANK BRADESCO (BBD) for the 19-Oct-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BBD was recently trading at $8.77 and has an implied volatility of 54.56% for this period. Based on an analysis of the options available for BBD expiring on 19-Oct-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $8.77-$9.70 at expiration. In this scenario, the average linear return for the trade would be 30.36%.

Big 9.62% Change: After closing the last trading session at $8.00, BANK BRADESCO opened today at $8.80 and has reached a high of $8.89.

Trade approach: A movement as big as 9.62% is a significantly bullish indicator, so this trade is designed to be profitable if BBD maintains its current direction and does not revert back to pricing on the bearish side of $8.77 on 19-Oct-2018. 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 BANK BRADESCO closes at or above $8.74 on 19-Oct-2018. Based on our risk-neutral analysis, there is a 51.42% 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 10/8/2018 10:50:16 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 PFIZER $PFE

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Quantchabot has detected a promising Bull Call Spread trade opportunity for PFIZER (PFE) for the 26-Oct-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

PFE was recently trading at $44.84 and has an implied volatility of 14.73% for this period. Based on an analysis of the options available for PFE expiring on 26-Oct-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $44.89-$46.42 at expiration. In this scenario, the average linear return for the trade would be 59.51%.

52 week high: PFIZER recently reached a new 52-week high at $44.93. PFE had traded in the range $33.20-$44.84 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 PFE maintains its current direction and does not revert back to pricing on the bearish side of $44.84 on 26-Oct-2018. 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 PFIZER closes at or above $44.81 on 26-Oct-2018. Based on our risk-neutral analysis, there is a 52.04% 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 10/8/2018 10:49:26 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: HI-CRUSH PARTNERS $HCLP trading at a 12.22% discount for the 17-Jan-2020 expiration

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

HCLP was recently trading at $10.78 and has an implied volatility of 30.03% for this period. Based on an analysis of the options available for HCLP expiring on 17-Jan-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $5.80-$21.56 at expiration. In this scenario, the average linear return for the trade would be 67.84%.

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 long call position is opened at a strike of $10.00, which is already $0.78 in the money. An out-of-the-money put at the same strike is sold to finance the call, resulting in a net credit of $0.55 per share. The final position can be considered as having a discount of $1.33 per share over the underlying price of $10.78 for a 12.32% 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 10/8/2018 10:49:53 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: INTRA-CELLULAR THERAPIES INC. $ITCI returning up to 74.93% through 18-Jan-2019

Quantcha now offering unlimited commission-free options trading.

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

ITCI was recently trading at $19.15 and has an implied volatility of 134.66% for this period. Based on an analysis of the options available for ITCI expiring on 18-Jan-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $9.51-$39.45 at expiration. In this scenario, the average linear return for the trade would be 17.13%.

Moneyness: These options are currently 55.93% out of the money and there is a 25.20% likelihood that these options will be exercised before or at expiration.

Most upside: If INTRA-CELLULAR THERAPIES INC. closes at or above $30.00, this trade could return up to 74.93%. Based on our analysis, there is a 26.93% 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 43.20% chance the underlying will close at or below its breakeven price of $17.15, 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 10/8/2018 10:49:24 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.