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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for REVLON (REV) for the 15-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

REV was recently trading at $25.55 and has an implied volatility of 27.01% for this period. Based on an analysis of the options available for REV expiring on 15-May-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $15.79-$42.32 at expiration. In this scenario, the average linear return for the trade would be 69.93%.

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 $0.55 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 $3.35 per share. The final position can be considered as having a discount of $3.90 per share over the underlying price of $25.55 for a 15.26% 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:34:54 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Put Spread trade opportunity for CARMAX (KMX) for the 29-Nov-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

KMX was recently trading at $94.07 and has an implied volatility of 23.38% for this period. Based on an analysis of the options available for KMX expiring on 29-Nov-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $94.27-$101.99 at expiration. In this scenario, the average linear return for the trade would be 55.52%.

52 week high: CARMAX recently reached a new 52-week high at $94.35. KMX had traded in the range $55.24-$93.05 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 KMX maintains its current direction and does not revert back to pricing on the bearish side of $94.07 on 29-Nov-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 CARMAX closes at or above $93.90 on 29-Nov-2019. Based on our risk-neutral analysis, there is a 52.01% 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:34:29 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Call Spread trade opportunity for AMERICAN EXPRESS (AXP) for the 1-Nov-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AXP was recently trading at $117.32 and has an implied volatility of 19.51% for this period. Based on an analysis of the options available for AXP expiring on 1-Nov-2019, there is a 33.71% likelihood that the underlying will close within the analyzed range of $113.06-$117.36 at expiration. In this scenario, the average linear return for the trade would be 75.78%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, AMERICAN EXPRESS 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 AXP 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 AMERICAN EXPRESS closed at or below $117.43 on 1-Nov-2019. Based on our analysis, there is a 50.20% 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:34:08 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Put Spread trade opportunity for DR HORTON (DHI) for the 8-Nov-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

DHI was recently trading at $53.60 and has an implied volatility of 22.95% for this period. Based on an analysis of the options available for DHI expiring on 8-Nov-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $53.66-$56.70 at expiration. In this scenario, the average linear return for the trade would be 52.13%.

52 week high: DR HORTON recently reached a new 52-week high at $53.81. DHI had traded in the range $32.39-$53.70 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 DHI maintains its current direction and does not revert back to pricing on the bearish side of $53.60 on 8-Nov-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 DR HORTON closes at or above $53.47 on 8-Nov-2019. Based on our risk-neutral analysis, there is a 52.56% 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:33:54 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for PAYSIGN INC (PAYS) for the 21-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

PAYS was recently trading at $10.87 and has an implied volatility of 48.34% for this period. Based on an analysis of the options available for PAYS expiring on 21-Jan-2022, there is a 68.27% likelihood that the underlying will close within the analyzed range of $3.94-$32.89 at expiration. In this scenario, the average linear return for the trade would be 70.33%.

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 $0.87 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 $0.30 per share. The final position can be considered as having a discount of $1.17 per share over the underlying price of $10.87 for a 10.76% 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:33:29 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Call trade opportunity for ZOGENIX (ZGNX) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ZGNX was recently trading at $43.88 and has an implied volatility of 81.19% for this period. Based on an analysis of the options available for ZGNX expiring on 17-Apr-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $25.32-$77.58 at expiration. In this scenario, the average linear return for the trade would be 12.35%.

Moneyness: These options are currently 4.37% in the money and there is a 53.70% likelihood that these options will be exercised before or at expiration.

Most upside: If ZOGENIX closes at or above $42.00, this trade could return up to 23.42%. Based on our analysis, there is a 53.83% 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 31.85% chance the underlying will close at or below its breakeven price of $34.03, 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:33:25 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Put Spread trade opportunity for MCKESSON (MCK) for the 25-Oct-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MCK was recently trading at $151.40 and has an implied volatility of 31.36% for this period. Based on an analysis of the options available for MCK expiring on 25-Oct-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $151.46-$158.41 at expiration. In this scenario, the average linear return for the trade would be 39.76%.

52 week high: MCKESSON recently reached a new 52-week high at $151.98. MCK had traded in the range $106.11-$150.82 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 MCK maintains its current direction and does not revert back to pricing on the bearish side of $151.40 on 25-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 MCKESSON closes at or above $151.40 on 25-Oct-2019. Based on our risk-neutral analysis, there is a 50.34% 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:33:23 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Put Spread trade opportunity for LOCKHEED MARTIN (LMT) for the 1-Nov-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LMT was recently trading at $372.66 and has an implied volatility of 23.99% for this period. Based on an analysis of the options available for LMT expiring on 1-Nov-2019, there is a 33.56% likelihood that the underlying will close within the analyzed range of $355.61-$372.69 at expiration. In this scenario, the average linear return for the trade would be 93.10%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, LOCKHEED MARTIN 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 LMT 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 LOCKHEED MARTIN closed at or below $372.80 on 1-Nov-2019. Based on our analysis, there is a 49.69% 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:33:08 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Call trade opportunity for GRUPO FINANCIERO GALICIA (GGAL) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GGAL was recently trading at $12.45 and has an implied volatility of 84.31% for this period. Based on an analysis of the options available for GGAL expiring on 17-Apr-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $6.96-$22.71 at expiration. In this scenario, the average linear return for the trade would be 14.45%.

Moneyness: These options are currently 60.51% out of the money and there is a 21.66% likelihood that these options will be exercised before or at expiration.

Most upside: If GRUPO FINANCIERO GALICIA closes at or above $22.71, this trade could return up to 74.37%. 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 43.82% chance the underlying will close at or below its breakeven price of $11.47, 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:32:55 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for BEYOND MEAT INC. COMMON STOCK (BYND) for the 21-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BYND was recently trading at $112.48 and has an implied volatility of 25.92% for this period. Based on an analysis of the options available for BYND expiring on 21-Jan-2022, there is a 68.27% likelihood that the underlying will close within the analyzed range of $57.90-$239.37 at expiration. In this scenario, the average linear return for the trade would be 72.46%.

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 $110.00, which is already $2.48 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 $13.70 per share. The final position can be considered as having a discount of $16.18 per share over the underlying price of $112.48 for a 14.39% 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.

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This is an automated post generated based on a market analysis of delayed data at 10/18/2019 10:32:53 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.