Category Archives: Trade Ideas

Synthetic Long Discount Alert: TURTLE BEACH CORPORATION COMMO $HEAR trading at a 10.39% discount for the 18-Jan-2019 expiration

The automated Quantcha Trade Ideas Service has detected a promising Synthetic Long Stock trade opportunity for TURTLE BEACH CORPORATION COMMO (HEAR) for the 18-Jan-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

HEAR was recently trading at $25.57 and has an implied volatility of 74.58% for this period. Based on an analysis of the options available for HEAR expiring on 18-Jan-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $13.33-$50.48 at expiration. In this scenario, the average linear return for the trade would be 47.96%.

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 $25.00, which is already $0.57 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 $2.10 per share. The final position can be considered as having a discount of $2.67 per share over the underlying price of $25.57 for a 10.45% 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 8/17/2018 10:53:47 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in MICRON TECHNOLOGY $MU

The automated Quantcha Trade Ideas Service has detected a promising Covered Put trade opportunity for MICRON TECHNOLOGY (MU) for the 31-Aug-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MU was recently trading at $46.84 and has an implied volatility of 34.92% for this period. Based on an analysis of the options available for MU expiring on 31-Aug-2018, there is a 32.00% likelihood that the underlying will close within the analyzed range of $43.57-$46.85 at expiration. In this scenario, the average linear return for the trade would be 116.67%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, MICRON TECHNOLOGY 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 MU 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 the underlying closes within the analyzed range on 31-Aug-2018.

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 8/17/2018 10:41:03 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 JD.COM INC $JD

The automated Quantcha Trade Ideas Service has detected a promising Bear Put Spread trade opportunity for JD.COM INC (JD) for the 19-Oct-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

JD was recently trading at $31.87 and has an implied volatility of 31.33% for this period. Based on an analysis of the options available for JD expiring on 19-Oct-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $28.11-$32.14 at expiration. In this scenario, the average linear return for the trade would be 68.89%.

52 week low: JD.COM INC recently reached a new 52-week low at $31.07. JD had traded in the range $31.48-$50.68 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 JD maintains its current direction and does not revert back to pricing on the bullish side of $31.87 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 JD.COM INC closes at or below $32.41 on 19-Oct-2018. Based on our risk-neutral analysis, there is a 52.49% 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 8/17/2018 10:41:03 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 APPLIED MATERIALS $AMAT

The automated Quantcha Trade Ideas Service has detected a promising Bear Call Spread trade opportunity for APPLIED MATERIALS (AMAT) for the 19-Oct-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AMAT was recently trading at $43.59 and has an implied volatility of 23.23% for this period. Based on an analysis of the options available for AMAT expiring on 19-Oct-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $38.76-$43.77 at expiration. In this scenario, the average linear return for the trade would be 57.49%.

52 week low: APPLIED MATERIALS recently reached a new 52-week low at $42.62. AMAT had traded in the range $42.93-$62.40 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 AMAT maintains its current direction and does not revert back to pricing on the bullish side of $43.59 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 APPLIED MATERIALS closes at or below $43.77 on 19-Oct-2018. Based on our risk-neutral analysis, there is a 50.01% 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 8/17/2018 10:40:53 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in VANECK VECTORS GOLD MINERS ETF $GDX

The automated Quantcha Trade Ideas Service has detected a promising Bull Put Spread trade opportunity for VANECK VECTORS GOLD MINERS ETF (GDX) for the 31-Aug-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GDX was recently trading at $18.55 and has an implied volatility of 33.67% for this period. Based on an analysis of the options available for GDX expiring on 31-Aug-2018, there is a 36.94% likelihood that the underlying will close within the analyzed range of $18.55-$19.74 at expiration. In this scenario, the average linear return for the trade would be 42.86%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, VANECK VECTORS GOLD MINERS ETF 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 GDX 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 VANECK VECTORS GOLD MINERS ETF closed at or above $18.35 on 31-Aug-2018. Based on our analysis, there is a 59.95% 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 8/17/2018 10:40:52 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: RIOT BLOCKCHAIN INC. COMMON STOCK $RIOT trading at a 12.16% discount for the 17-Jan-2020 expiration

The automated Quantcha Trade Ideas Service has detected a promising Synthetic Long Stock trade opportunity for RIOT BLOCKCHAIN INC. COMMON STOCK (RIOT) for the 17-Jan-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

RIOT was recently trading at $5.40 and has an implied volatility of 51.71% for this period. Based on an analysis of the options available for RIOT expiring on 17-Jan-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $1.94-$15.95 at expiration. In this scenario, the average linear return for the trade would be 70.70%.

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 long call position is opened at a strike of $5.00, which is already $0.40 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 $0.27 per share. The final position can be considered as having a discount of $0.67 per share over the underlying price of $5.40 for a 12.41% 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 8/17/2018 10:40:46 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -7.8% move in DSW $DSW

The automated Quantcha Trade Ideas Service has detected a promising Long Put trade opportunity for DSW (DSW) for the 17-Aug-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

DSW was recently trading at $25.68 and has an implied volatility of 123.55% for this period. Based on an analysis of the options available for DSW expiring on 17-Aug-2018, there is a 34.31% likelihood that the underlying will close within the analyzed range of $25.21-$25.70 at expiration. In this scenario, the average linear return for the trade would be 10.35%.

Big -7.76% Change: After closing the last trading session at $27.84, DSW opened today at $26.50 and has reached a low of $25.67.

Trade approach: A movement as big as -7.76% is a significantly bearish indicator, so this trade is designed to be profitable if DSW maintains its current direction and does not revert back to pricing on the bullish side of $25.68 on 17-Aug-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 DSW closes at or below $25.90 on 17-Aug-2018. Based on our risk-neutral analysis, there is a 66.19% 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 8/17/2018 10:40:38 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: SAREPTA THERAPEUTICS INC. COM $SRPT returning up to 24.64% through 15-Feb-2019

The automated Quantcha Trade Ideas Service has detected a promising Covered Call trade opportunity for SAREPTA THERAPEUTICS INC. COM (SRPT) for the 15-Feb-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SRPT was recently trading at $127.47 and has an implied volatility of 58.25% for this period. Based on an analysis of the options available for SRPT expiring on 15-Feb-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $87.48-$192.79 at expiration. In this scenario, the average linear return for the trade would be 10.52%.

Moneyness: These options are currently 9.73% out of the money and there is a 42.52% likelihood that these options will be exercised before or at expiration.

Most upside: If SAREPTA THERAPEUTICS INC. COM closes at or above $192.79, this trade could return up to 24.64%. 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 35.66% chance the underlying will close at or below its breakeven price of $112.32, 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 8/17/2018 10:40:23 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 NORFOLK SOUTHERN $NSC

The automated Quantcha Trade Ideas Service has detected a promising Bull Put Spread trade opportunity for NORFOLK SOUTHERN (NSC) for the 19-Oct-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NSC was recently trading at $174.31 and has an implied volatility of 18.65% for this period. Based on an analysis of the options available for NSC expiring on 19-Oct-2018, there is a 34.14% likelihood that the underlying will close within the analyzed range of $175.84-$190.30 at expiration. In this scenario, the average linear return for the trade would be 68.96%.

52 week high: NORFOLK SOUTHERN recently reached a new 52-week high at $174.87. NSC had traded in the range $116.77-$174.43 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 NSC maintains its current direction and does not revert back to pricing on the bearish side of $174.31 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 NORFOLK SOUTHERN closes at or above $175.50 on 19-Oct-2018. Based on our risk-neutral analysis, there is a 50.97% 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 8/17/2018 10:40:35 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in NVIDIA $NVDA

The automated Quantcha Trade Ideas Service has detected a promising Bear Put Spread trade opportunity for NVIDIA (NVDA) for the 31-Aug-2018 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NVDA was recently trading at $246.67 and has an implied volatility of 31.82% for this period. Based on an analysis of the options available for NVDA expiring on 31-Aug-2018, there is a 31.50% likelihood that the underlying will close within the analyzed range of $232.82-$246.66 at expiration. In this scenario, the average linear return for the trade would be 87.48%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, NVIDIA 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 NVDA 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 NVIDIA closed at or below $247.40 on 31-Aug-2018. Based on our analysis, there is a 49.29% 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 8/17/2018 10:40:13 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.