Synthetic Long Discount Alert: AURORA CANNABIS INC $ACB trading at a 10.11% 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 AURORA CANNABIS INC (ACB) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ACB was recently trading at $6.98 and has an implied volatility of 39.59% for this period. Based on an analysis of the options available for ACB expiring on 15-Jan-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $3.63-$14.33 at expiration. In this scenario, the average linear return for the trade would be 52.90%.

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 $7.00, which is already $0.02 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 $0.73 per share. The final position can be considered as having a discount of $0.71 per share over the underlying price of $6.98 for a 10.11% 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 7/15/2019 11:05:28 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in CALLON PETROLEUM $CPE

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Call Spread trade opportunity for CALLON PETROLEUM (CPE) for the 16-Aug-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CPE was recently trading at $5.38 and has an implied volatility of 73.04% for this period. Based on an analysis of the options available for CPE expiring on 16-Aug-2019, there is a 33.90% likelihood that the underlying will close within the analyzed range of $4.41-$5.39 at expiration. In this scenario, the average linear return for the trade would be 53.31%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, CALLON PETROLEUM was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying.

Trade approach: The recent sentiment change in CPE on StockTwits appears to be moderately negative, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bearish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bearish strategy, the trade would be profitable if CALLON PETROLEUM closed at or below $5.40 on 16-Aug-2019. Based on our analysis, there is a 50.32% 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 7/15/2019 10:39:35 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 TEXAS INSTRUMENTS $TXN

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Put Spread trade opportunity for TEXAS INSTRUMENTS (TXN) for the 18-Oct-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TXN was recently trading at $118.87 and has an implied volatility of 20.94% for this period. Based on an analysis of the options available for TXN expiring on 18-Oct-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $119.60-$134.46 at expiration. In this scenario, the average linear return for the trade would be 66.36%.

52 week high: TEXAS INSTRUMENTS recently reached a new 52-week high at $119.60. TXN had traded in the range $87.70-$119.32 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 TXN maintains its current direction and does not revert back to pricing on the bearish side of $118.87 on 18-Oct-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 TEXAS INSTRUMENTS closes at or above $118.00 on 18-Oct-2019. Based on our risk-neutral analysis, there is a 54.57% 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 7/15/2019 10:39:06 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: AIMMUNE THERAPEUTICS INC. COMMON STOCK $AIMT returning up to 27.47% through 20-Dec-2019

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Call trade opportunity for AIMMUNE THERAPEUTICS INC. COMMON STOCK (AIMT) for the 20-Dec-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AIMT was recently trading at $18.97 and has an implied volatility of 76.25% for this period. Based on an analysis of the options available for AIMT expiring on 20-Dec-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $11.56-$31.76 at expiration. In this scenario, the average linear return for the trade would be 12.40%.

Moneyness: These options are currently 5.40% out of the money and there is a 46.61% likelihood that these options will be exercised before or at expiration.

Most upside: If AIMMUNE THERAPEUTICS INC. COMMON STOCK closes at or above $20.00, this trade could return up to 27.47%. Based on our analysis, there is a 46.63% 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 34.62% chance the underlying will close at or below its breakeven price of $15.69, 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 7/15/2019 10:39:28 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Gainer Alert: Trading today’s 10.4% move in CEL-SCI $CVM

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Secured Put trade opportunity for CEL-SCI (CVM) for the 19-Jul-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CVM was recently trading at $6.62 and has an implied volatility of 169.31% for this period. Based on an analysis of the options available for CVM expiring on 19-Jul-2019, there is a 34.15% likelihood that the underlying will close within the analyzed range of $6.62-$8.33 at expiration. In this scenario, the average linear return for the trade would be 13.71%.

Big 10.38% Change: After closing the last trading session at $6.00, CEL-SCI opened today at $6.18 and has reached a high of $6.65.

Trade approach: A movement as big as 10.38% is a significantly bullish indicator, so this trade is designed to be profitable if CVM maintains its current direction and does not revert back to pricing on the bearish side of $6.62 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 CEL-SCI closes at or above $6.35 on 19-Jul-2019. Based on our risk-neutral analysis, there is a 57.33% 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 7/15/2019 10:38:56 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in OMNICELL $OMCL

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Call Spread trade opportunity for OMNICELL (OMCL) for the 16-Aug-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

OMCL was recently trading at $73.69 and has an implied volatility of 45.50% for this period. Based on an analysis of the options available for OMCL expiring on 16-Aug-2019, there is a 34.71% likelihood that the underlying will close within the analyzed range of $73.70-$84.97 at expiration. In this scenario, the average linear return for the trade would be 49.78%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, OMNICELL was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying.

Trade approach: The recent sentiment change in OMCL on StockTwits appears to be moderately positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bullish strategy, the trade would be profitable if OMNICELL closed at or above $73.60 on 16-Aug-2019. Based on our analysis, there is a 50.94% 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 7/15/2019 10:37:39 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 COSTCO WHOLESALE $COST

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Call Spread trade opportunity for COSTCO WHOLESALE (COST) for the 30-Aug-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

COST was recently trading at $280.19 and has an implied volatility of 13.23% for this period. Based on an analysis of the options available for COST expiring on 30-Aug-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $281.03-$295.63 at expiration. In this scenario, the average linear return for the trade would be 58.50%.

52 week high: COSTCO WHOLESALE recently reached a new 52-week high at $280.54. COST had traded in the range $189.51-$276.77 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 COST maintains its current direction and does not revert back to pricing on the bearish side of $280.19 on 30-Aug-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 COSTCO WHOLESALE closes at or above $280.90 on 30-Aug-2019. Based on our risk-neutral analysis, there is a 50.36% 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 7/15/2019 10:37:59 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -8.1% move in OVERSTOCK.COM $OSTK

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Short Risk Reversal trade opportunity for OVERSTOCK.COM (OSTK) for the 2-Aug-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

OSTK was recently trading at $17.47 and has an implied volatility of 107.43% for this period. Based on an analysis of the options available for OSTK expiring on 2-Aug-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $13.46-$17.49 at expiration. In this scenario, the average linear return for the trade would be 48.28%.

Big -8.10% Change: After closing the last trading session at $19.01, OVERSTOCK.COM opened today at $18.82 and has reached a low of $17.27.

Trade approach: A movement as big as -8.10% is a significantly bearish indicator, so this trade is designed to be profitable if OSTK maintains its current direction and does not revert back to pricing on the bullish side of $17.47 on 2-Aug-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 OVERSTOCK.COM closes at or below $17.60 on 2-Aug-2019. Based on our risk-neutral analysis, there is a 50.95% 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 7/15/2019 10:36:59 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: MEDICINES $MDCO returning up to 20.03% through 18-Oct-2019

Quantcha now offering unlimited commission-free options trading.

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

MDCO was recently trading at $36.69 and has an implied volatility of 109.09% for this period. Based on an analysis of the options available for MDCO expiring on 18-Oct-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $21.13-$64.50 at expiration. In this scenario, the average linear return for the trade would be 12.72%.

Moneyness: These options are currently 12.85% in the money and there is a 59.80% likelihood that these options will be exercised before or at expiration.

Most upside: If MEDICINES closes at or above $32.00, this trade could return up to 20.03%. Based on our analysis, there is a 60.10% 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 27.99% chance the underlying will close at or below its breakeven price of $26.66, 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 7/15/2019 10:36:48 AM 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 12.15% 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 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 $20.04 and has an implied volatility of 19.30% 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 $13.05-$32.89 at expiration. In this scenario, the average linear return for the trade would be 62.19%.

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 $20.00, which is already $0.04 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 $2.40 per share. The final position can be considered as having a discount of $2.44 per share over the underlying price of $20.04 for a 12.18% 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 7/15/2019 10:36:41 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.