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Quantchabot has detected a promising Bull Put Spread trade opportunity for U.S. BANCORP (USB) for the 9-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

USB was recently trading at $38.63 and has an implied volatility of 29.12% for this period. Based on an analysis of the options available for USB expiring on 9-Apr-2020, there is a 34.21% likelihood that the underlying will close within the analyzed range of $38.63-$38.93 at expiration. In this scenario, the average linear return for the trade would be 21.80%.

Big 8.36% Change: After closing the last trading session at $35.65, U.S. BANCORP opened today at $36.71 and has reached a high of $38.66.

Trade approach: A movement as big as 8.36% is a significantly bullish indicator, so this trade is designed to be profitable if USB maintains its current direction and does not revert back to pricing on the bearish side of $38.63 on 9-Apr-2020. 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 U.S. BANCORP closes at or above $38.63 on 9-Apr-2020. Based on our risk-neutral analysis, there is a 50.03% 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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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for B&G FOODS (BGS) for the 21-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BGS was recently trading at $17.27 and has an implied volatility of 55.37% for this period. Based on an analysis of the options available for BGS expiring on 21-Jan-2022, there is a 68.27% likelihood that the underlying will close within the analyzed range of $8.39-$36.89 at expiration. In this scenario, the average linear return for the trade would be 53.03%.

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 $17.50, which is already $0.23 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 $1.87 per share over the underlying price of $17.27 for a 10.83% 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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Quantchabot has detected a promising Bull Put Spread trade opportunity for HDFC BANK (HDB) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

HDB was recently trading at $41.63 and has an implied volatility of 53.39% for this period. Based on an analysis of the options available for HDB expiring on 17-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $41.64-$45.12 at expiration. In this scenario, the average linear return for the trade would be 57.80%.

Big 7.18% Change: After closing the last trading session at $38.84, HDFC BANK opened today at $39.60 and has reached a high of $41.65.

Trade approach: A movement as big as 7.18% is a significantly bullish indicator, so this trade is designed to be profitable if HDB maintains its current direction and does not revert back to pricing on the bearish side of $41.63 on 17-Apr-2020. 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 HDFC BANK closes at or above $41.50 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 51.65% 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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Quantchabot has detected a promising Bull Call Spread trade opportunity for BANK OF AMERICA CORP (BAC) for the 9-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BAC was recently trading at $25.19 and has an implied volatility of 56.00% for this period. Based on an analysis of the options available for BAC expiring on 9-Apr-2020, there is a 34.18% likelihood that the underlying will close within the analyzed range of $25.19-$25.57 at expiration. In this scenario, the average linear return for the trade would be 38.01%.

Big 7.42% Change: After closing the last trading session at $23.45, BANK OF AMERICA CORP opened today at $24.07 and has reached a high of $25.21.

Trade approach: A movement as big as 7.42% is a significantly bullish indicator, so this trade is designed to be profitable if BAC maintains its current direction and does not revert back to pricing on the bearish side of $25.19 on 9-Apr-2020. 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 OF AMERICA CORP closes at or above $25.12 on 9-Apr-2020. Based on our risk-neutral analysis, there is a 57.41% 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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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for BLUE APRON HOLDINGS INC (APRN) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

APRN was recently trading at $11.72 and has an implied volatility of 206.19% for this period. Based on an analysis of the options available for APRN expiring on 17-Jul-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $4.01-$34.47 at expiration. In this scenario, the average linear return for the trade would be 54.76%.

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 $12.00, which is already $0.28 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 $1.70 per share. The final position can be considered as having a discount of $1.42 per share over the underlying price of $11.72 for a 12.12% 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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Quantchabot has detected a promising Bull Put Spread trade opportunity for EVERSOURCE ENERGY (ES) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ES was recently trading at $90.22 and has an implied volatility of 45.65% for this period. Based on an analysis of the options available for ES expiring on 17-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $90.24-$96.67 at expiration. In this scenario, the average linear return for the trade would be 16.28%.

Big 8.24% Change: After closing the last trading session at $83.35, EVERSOURCE ENERGY opened today at $84.45 and has reached a high of $90.28.

Trade approach: A movement as big as 8.24% is a significantly bullish indicator, so this trade is designed to be profitable if ES maintains its current direction and does not revert back to pricing on the bearish side of $90.22 on 17-Apr-2020. 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 EVERSOURCE ENERGY closes at or above $89.30 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 56.03% 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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Quantchabot has detected a promising Bull Put Spread trade opportunity for METLIFE (MET) for the 1-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MET was recently trading at $36.06 and has an implied volatility of 61.47% for this period. Based on an analysis of the options available for MET expiring on 1-May-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $36.08-$42.00 at expiration. In this scenario, the average linear return for the trade would be 35.05%.

Big 7.74% Change: After closing the last trading session at $33.47, METLIFE opened today at $34.41 and has reached a high of $36.36.

Trade approach: A movement as big as 7.74% is a significantly bullish indicator, so this trade is designed to be profitable if MET maintains its current direction and does not revert back to pricing on the bearish side of $36.06 on 1-May-2020. 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 METLIFE closes at or above $36.04 on 1-May-2020. Based on our risk-neutral analysis, there is a 50.28% 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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Quantchabot has detected a promising Bull Put Spread trade opportunity for SEMPRA ENERGY (SRE) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SRE was recently trading at $131.81 and has an implied volatility of 52.70% for this period. Based on an analysis of the options available for SRE expiring on 17-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $131.84-$142.74 at expiration. In this scenario, the average linear return for the trade would be 31.24%.

Big 8.00% Change: After closing the last trading session at $122.05, SEMPRA ENERGY opened today at $122.98 and has reached a high of $132.20.

Trade approach: A movement as big as 8.00% is a significantly bullish indicator, so this trade is designed to be profitable if SRE maintains its current direction and does not revert back to pricing on the bearish side of $131.81 on 17-Apr-2020. 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 SEMPRA ENERGY closes at or above $131.00 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 53.19% 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.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Put Spread trade opportunity for BIG LOTS (BIG) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BIG was recently trading at $19.80 and has an implied volatility of 85.60% for this period. Based on an analysis of the options available for BIG expiring on 17-Apr-2020, there is a 34.07% likelihood that the underlying will close within the analyzed range of $17.40-$19.80 at expiration. In this scenario, the average linear return for the trade would be 23.12%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, BIG LOTS 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 BIG 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 BIG LOTS closed at or below $19.85 on 17-Apr-2020. Based on our analysis, there is a 50.80% 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.

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Call Spread trade opportunity for BARRICK GOLD CORP (GOLD) for the 1-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GOLD was recently trading at $21.97 and has an implied volatility of 57.79% for this period. Based on an analysis of the options available for GOLD expiring on 1-May-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $21.98-$25.36 at expiration. In this scenario, the average linear return for the trade would be 43.47%.

Big 7.64% Change: After closing the last trading session at $20.41, BARRICK GOLD CORP opened today at $20.91 and has reached a high of $21.98.

Trade approach: A movement as big as 7.64% is a significantly bullish indicator, so this trade is designed to be profitable if GOLD maintains its current direction and does not revert back to pricing on the bearish side of $21.97 on 1-May-2020. 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 BARRICK GOLD CORP closes at or above $21.97 on 1-May-2020. Based on our risk-neutral analysis, there is a 50.15% 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.