All posts by Automated Ideas

Ideas posted by this account are automatically generated based on market analysis. Please be aware that they are not vetted and the publishing process is completely automated. If you have any feedback about the ideas posted, please email hello@quantcha.com.

Covered Call Alert: PROSHARES ULTRAPRO SHORT S&P50 $SPXU returning up to 31.36% through 20-Sep-2019

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Quantchabot has detected a promising Covered Call trade opportunity for PROSHARES ULTRAPRO SHORT S&P50 (SPXU) for the 20-Sep-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SPXU was recently trading at $32.38 and has an implied volatility of 43.16% for this period. Based on an analysis of the options available for SPXU expiring on 20-Sep-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $23.56-$45.73 at expiration. In this scenario, the average linear return for the trade would be 10.44%.

Moneyness: These options are currently 20.43% out of the money and there is a 32.56% likelihood that these options will be exercised before or at expiration.

Most upside: If PROSHARES ULTRAPRO SHORT S&P50 closes at or above $45.73, this trade could return up to 31.36%. Based on our analysis, there is a 15.87% 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 38.11% chance the underlying will close at or below its breakeven price of $29.69, 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 3/22/2019 12:51:40 PM 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 10.50% 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 $11.63 and has an implied volatility of 59.94% 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 $5.72-$24.74 at expiration. In this scenario, the average linear return for the trade would be 52.77%.

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 $12.50, which is already $0.87 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 $2.10 per share. The final position can be considered as having a discount of $1.23 per share over the underlying price of $11.63 for a 10.58% 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 3/22/2019 11:21:43 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: MEDICINES $MDCO returning up to 30.61% through 20-Sep-2019

Quantcha now offering unlimited commission-free options trading.

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

MDCO was recently trading at $27.36 and has an implied volatility of 87.03% for this period. Based on an analysis of the options available for MDCO expiring on 20-Sep-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $14.90-$51.64 at expiration. In this scenario, the average linear return for the trade would be 10.87%.

Moneyness: These options are currently 9.79% out of the money and there is a 44.70% likelihood that these options will be exercised before or at expiration.

Most upside: If MEDICINES closes at or above $30.00, this trade could return up to 30.61%. Based on our analysis, there is a 44.97% 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 38.09% chance the underlying will close at or below its breakeven price of $22.97, 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 3/22/2019 11:10:22 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in CINTAS $CTAS

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

CTAS was recently trading at $195.88 and has an implied volatility of 20.14% for this period. Based on an analysis of the options available for CTAS expiring on 18-Apr-2019, there is a 33.71% likelihood that the underlying will close within the analyzed range of $186.23-$196.14 at expiration. In this scenario, the average linear return for the trade would be 49.40%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, CINTAS 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 CTAS on StockTwits appears to be significantly 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 CINTAS closed at or below $196.70 on 18-Apr-2019. Based on our analysis, there is a 51.74% 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 3/22/2019 10:45:29 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -7.7% move in SEADRILL LTD $SDRL

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

SDRL was recently trading at $9.37 and has an implied volatility of 59.40% for this period. Based on an analysis of the options available for SDRL expiring on 18-Apr-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $8.01-$9.39 at expiration. In this scenario, the average linear return for the trade would be 14.91%.

Big -7.68% Change: After closing the last trading session at $10.15, SEADRILL LTD opened today at $9.73 and has reached a low of $9.37.

Trade approach: A movement as big as -7.68% 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 $9.37 on 18-Apr-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 SEADRILL LTD closes at or below $9.42 on 18-Apr-2019. Based on our risk-neutral analysis, there is a 50.86% 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 3/22/2019 10:45:31 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: TILRAY INC. CLASS 2 COMMON STOCK $TLRY trading at a 11.39% 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 TILRAY INC. CLASS 2 COMMON STOCK (TLRY) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TLRY was recently trading at $68.30 and has an implied volatility of 37.87% for this period. Based on an analysis of the options available for TLRY expiring on 15-Jan-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $32.61-$158.74 at expiration. In this scenario, the average linear return for the trade would be 62.06%.

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 $70.00, which is already $1.70 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 $9.45 per share. The final position can be considered as having a discount of $7.75 per share over the underlying price of $68.30 for a 11.35% 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 3/22/2019 10:44:46 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 SOUTHERN $SO

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Quantchabot has detected a promising Bull Put Spread trade opportunity for SOUTHERN (SO) for the 26-Apr-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SO was recently trading at $51.93 and has an implied volatility of 12.32% for this period. Based on an analysis of the options available for SO expiring on 26-Apr-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $52.06-$54.26 at expiration. In this scenario, the average linear return for the trade would be 22.70%.

52 week high: SOUTHERN recently reached a new 52-week high at $52.06. SO had traded in the range $42.42-$51.95 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 SO maintains its current direction and does not revert back to pricing on the bearish side of $51.93 on 26-Apr-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 SOUTHERN closes at or above $51.63 on 26-Apr-2019. Based on our risk-neutral analysis, there is a 57.86% 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 3/22/2019 10:44:14 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in TWITTER INC $TWTR

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Call Spread trade opportunity for TWITTER INC (TWTR) for the 5-Apr-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TWTR was recently trading at $33.74 and has an implied volatility of 40.76% for this period. Based on an analysis of the options available for TWTR expiring on 5-Apr-2019, there is a 34.56% likelihood that the underlying will close within the analyzed range of $33.75-$36.58 at expiration. In this scenario, the average linear return for the trade would be 66.89%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, TWITTER INC 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 TWTR 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 TWITTER INC closed at or above $33.59 on 5-Apr-2019. Based on our analysis, there is a 52.72% 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 3/22/2019 10:44:43 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 CALERES INC $CAL

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Put Spread trade opportunity for CALERES INC (CAL) for the 17-May-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CAL was recently trading at $23.65 and has an implied volatility of 35.53% for this period. Based on an analysis of the options available for CAL expiring on 17-May-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $20.32-$23.68 at expiration. In this scenario, the average linear return for the trade would be 15.54%.

Big -8.14% Change: After closing the last trading session at $25.75, CALERES INC opened today at $24.58 and has reached a low of $23.00.

Trade approach: A movement as big as -8.14% is a significantly bearish indicator, so this trade is designed to be profitable if CAL maintains its current direction and does not revert back to pricing on the bullish side of $23.65 on 17-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 CALERES INC closes at or below $23.70 on 17-May-2019. Based on our risk-neutral analysis, there is a 50.26% 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 3/22/2019 10:44:12 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: POLARITYTE INC. COMMON STOCK $PTE trading at a 11.55% 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 POLARITYTE INC. COMMON STOCK (PTE) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

PTE was recently trading at $12.73 and has an implied volatility of 55.70% for this period. Based on an analysis of the options available for PTE expiring on 15-Jan-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $4.11-$43.74 at expiration. In this scenario, the average linear return for the trade would be 71.92%.

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 $12.50, which is already $0.23 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 $1.20 per share. The final position can be considered as having a discount of $1.43 per share over the underlying price of $12.73 for a 11.23% 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 3/22/2019 10:43:24 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.