StockTwits Trending Alert: Trading recent interest in UNDER ARMOUR $UAA

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Quantchabot has detected a promising Bear Call Spread trade opportunity for UNDER ARMOUR (UAA) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

UAA was recently trading at $16.67 and has an implied volatility of 51.10% for this period. Based on an analysis of the options available for UAA expiring on 21-Feb-2020, there is a 34.05% likelihood that the underlying will close within the analyzed range of $15.42-$16.68 at expiration. In this scenario, the average linear return for the trade would be 38.78%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, UNDER ARMOUR 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 UAA 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 UNDER ARMOUR closed at or below $16.79 on 21-Feb-2020. Based on our analysis, there is a 53.41% 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.

52-Week High Alert: Trading today’s movement in MASTERCARD $MA

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

MA was recently trading at $332.46 and has an implied volatility of 21.51% for this period. Based on an analysis of the options available for MA expiring on 17-Apr-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $333.08-$364.33 at expiration. In this scenario, the average linear return for the trade would be 69.59%.

52 week high: MASTERCARD recently reached a new 52-week high at $335.52. MA had traded in the range $215.93-$335.00 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 MA maintains its current direction and does not revert back to pricing on the bearish side of $332.46 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 MASTERCARD closes at or above $332.90 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 50.24% 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.

Big Gainer Alert: Trading today’s 8.3% move in RINGCENTRAL INC. $RNG

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Quantchabot has detected a promising Bull Call Spread trade opportunity for RINGCENTRAL INC. (RNG) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

RNG was recently trading at $230.26 and has an implied volatility of 33.80% for this period. Based on an analysis of the options available for RNG expiring on 17-Apr-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $230.96-$266.68 at expiration. In this scenario, the average linear return for the trade would be 47.97%.

Big 8.30% Change: After closing the last trading session at $212.61, RINGCENTRAL INC. opened today at $228.40 and has reached a high of $233.81.

Trade approach: A movement as big as 8.30% is a significantly bullish indicator, so this trade is designed to be profitable if RNG maintains its current direction and does not revert back to pricing on the bearish side of $230.26 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 RINGCENTRAL INC. closes at or above $229.30 on 17-Apr-2020. 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.

Synthetic Long Discount Alert: B&G FOODS $BGS trading at a 15.76% discount for the 21-Jan-2022 expiration

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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 $14.30 and has an implied volatility of 22.69% 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 $7.78-$28.24 at expiration. In this scenario, the average linear return for the trade would be 77.83%.

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 $15.00, which is already $0.70 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 $2.95 per share. The final position can be considered as having a discount of $2.25 per share over the underlying price of $14.30 for a 15.73% 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.

52-Week High Alert: Trading today’s movement in ALPHABET INC CLASS A $GOOGL

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Quantchabot has detected a promising Bull Call Spread trade opportunity for ALPHABET INC CLASS A (GOOGL) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GOOGL was recently trading at $1,520.00 and has an implied volatility of 21.58% for this period. Based on an analysis of the options available for GOOGL expiring on 17-Apr-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $1,524.65-$1,668.60 at expiration. In this scenario, the average linear return for the trade would be 69.74%.

52 week high: ALPHABET INC CLASS A recently reached a new 52-week high at $1,521.67. GOOGL had traded in the range $1,027.03-$1,500.58 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 GOOGL maintains its current direction and does not revert back to pricing on the bearish side of $1,520.00 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 ALPHABET INC CLASS A closes at or above $1,521.90 on 17-Apr-2020. Based on our risk-neutral 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.

StockTwits Trending Alert: Trading recent interest in SLACK TECHNOLOGIES INC $WORK

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Quantchabot has detected a promising Bear Call Spread trade opportunity for SLACK TECHNOLOGIES INC (WORK) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

WORK was recently trading at $25.43 and has an implied volatility of 66.84% for this period. Based on an analysis of the options available for WORK expiring on 21-Feb-2020, there is a 33.82% likelihood that the underlying will close within the analyzed range of $22.71-$25.42 at expiration. In this scenario, the average linear return for the trade would be 54.31%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, SLACK TECHNOLOGIES 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 WORK 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 SLACK TECHNOLOGIES INC closed at or below $25.55 on 21-Feb-2020. Based on our analysis, there is a 51.48% 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.

Synthetic Long Discount Alert: AMC ENTERTAINMENT HOLDINGS INC $AMC trading at a 15.37% discount for the 21-Jan-2022 expiration

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

AMC was recently trading at $6.74 and has an implied volatility of 45.54% for this period. Based on an analysis of the options available for AMC expiring on 21-Jan-2022, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.56-$19.03 at expiration. In this scenario, the average linear return for the trade would be 83.97%.

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 $8.00, which is already $1.27 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 $2.30 per share. The final position can be considered as having a discount of $1.04 per share over the underlying price of $6.74 for a 15.37% 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.

Big Gainer Alert: Trading today’s 73.2% move in SPRINT $S

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

S was recently trading at $8.32 and has an implied volatility of 54.23% for this period. Based on an analysis of the options available for S expiring on 17-Apr-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $8.34-$10.52 at expiration. In this scenario, the average linear return for the trade would be 62.59%.

Big 73.23% Change: After closing the last trading session at $4.80, SPRINT opened today at $8.35 and has reached a high of $8.45.

Trade approach: A movement as big as 73.23% is a significantly bullish indicator, so this trade is designed to be profitable if S maintains its current direction and does not revert back to pricing on the bearish side of $8.32 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 SPRINT closes at or above $8.15 on 17-Apr-2020. Based on our risk-neutral analysis, there is a 53.97% 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.

Covered Call Alert: MYOVANT SCIENCES LTD $MYOV returning up to 40.58% through 17-Jul-2020

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Quantchabot has detected a promising Covered Call trade opportunity for MYOVANT SCIENCES LTD (MYOV) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MYOV was recently trading at $12.44 and has an implied volatility of 92.11% for this period. Based on an analysis of the options available for MYOV expiring on 17-Jul-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $7.00-$22.43 at expiration. In this scenario, the average linear return for the trade would be 13.62%.

Moneyness: These options are currently 20.58% out of the money and there is a 41.48% likelihood that these options will be exercised before or at expiration.

Most upside: If MYOVANT SCIENCES LTD closes at or above $15.00, this trade could return up to 40.58%. Based on our analysis, there is a 37.88% 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 39.10% chance the underlying will close at or below its breakeven price of $10.67, 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.

StockTwits Trending Alert: Trading recent interest in HASBRO $HAS

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Quantchabot has detected a promising Bull Put Spread trade opportunity for HASBRO (HAS) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

HAS was recently trading at $102.53 and has an implied volatility of 35.23% for this period. Based on an analysis of the options available for HAS expiring on 21-Feb-2020, there is a 34.41% likelihood that the underlying will close within the analyzed range of $102.53-$109.95 at expiration. In this scenario, the average linear return for the trade would be 16.91%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, HASBRO 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 HAS 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 HASBRO closed at or above $102.40 on 21-Feb-2020. Based on our 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.

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