StockTwits Trending Alert: Trading recent interest in ADVANCE AUTO PARTS $AAP

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Quantchabot has detected a promising Bear Call Spread trade opportunity for ADVANCE AUTO PARTS (AAP) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AAP was recently trading at $84.65 and has an implied volatility of 82.39% for this period. Based on an analysis of the options available for AAP expiring on 17-Apr-2020, there is a 34.05% likelihood that the underlying will close within the analyzed range of $72.92-$84.65 at expiration. In this scenario, the average linear return for the trade would be 43.88%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, ADVANCE AUTO PARTS 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 AAP 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 ADVANCE AUTO PARTS closed at or below $88.05 on 17-Apr-2020. Based on our analysis, there is a 60.31% 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 DELL TECHNOLOGIES INC $DELL

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

DELL was recently trading at $36.44 and has an implied volatility of 74.91% for this period. Based on an analysis of the options available for DELL expiring on 17-Apr-2020, there is a 34.23% likelihood that the underlying will close within the analyzed range of $36.44-$41.76 at expiration. In this scenario, the average linear return for the trade would be 35.12%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, DELL 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 DELL on StockTwits appears to be significantly 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 DELL TECHNOLOGIES INC closed at or above $36.10 on 17-Apr-2020. Based on our analysis, there is a 52.85% 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 SP PLUS CORPORATION COMMON STO $SP

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

SP was recently trading at $17.46 and has an implied volatility of 85.86% for this period. Based on an analysis of the options available for SP expiring on 17-Apr-2020, there is a 34.22% likelihood that the underlying will close within the analyzed range of $17.46-$20.42 at expiration. In this scenario, the average linear return for the trade would be 10.60%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, SP PLUS CORPORATION COMMON STO 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 SP 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 SP PLUS CORPORATION COMMON STO closed at or above $16.96 on 17-Apr-2020. Based on our analysis, there is a 57.46% 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 TEXAS ROADHOUSE $TXRH

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

TXRH was recently trading at $35.26 and has an implied volatility of 108.14% for this period. Based on an analysis of the options available for TXRH expiring on 17-Apr-2020, there is a 34.07% likelihood that the underlying will close within the analyzed range of $28.97-$35.26 at expiration. In this scenario, the average linear return for the trade would be 23.20%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, TEXAS ROADHOUSE 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 TXRH 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 TEXAS ROADHOUSE closed at or below $36.21 on 17-Apr-2020. Based on our analysis, there is a 55.31% 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: BLUE APRON HOLDINGS INC $APRN trading at a 9.99% discount for the 15-May-2020 expiration

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

APRN was recently trading at $11.69 and has an implied volatility of 220.85% for this period. Based on an analysis of the options available for APRN expiring on 15-May-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $4.57-$29.96 at expiration. In this scenario, the average linear return for the trade would be 45.56%.

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 $0.31 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 $1.50 per share. The final position can be considered as having a discount of $1.19 per share over the underlying price of $11.69 for a 10.18% 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.

Synthetic Long Discount Alert: TILRAY INC. CLASS 2 COMMON STOCK $TLRY trading at a 10.47% discount for the 15-Jan-2021 expiration

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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 $5.75 and has an implied volatility of 89.24% 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 $1.84-$18.31 at expiration. In this scenario, the average linear return for the trade would be 60.64%.

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 $5.50, which is already $0.25 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 $0.37 per share. The final position can be considered as having a discount of $0.62 per share over the underlying price of $5.75 for a 10.78% 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 12.5% move in ETSY INC. COMMON STOCK $ETSY

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

ETSY was recently trading at $39.17 and has an implied volatility of 75.85% for this period. Based on an analysis of the options available for ETSY expiring on 1-May-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $39.20-$49.64 at expiration. In this scenario, the average linear return for the trade would be 30.51%.

Big 12.54% Change: After closing the last trading session at $34.80, ETSY INC. COMMON STOCK opened today at $34.75 and has reached a high of $39.21.

Trade approach: A movement as big as 12.54% is a significantly bullish indicator, so this trade is designed to be profitable if ETSY maintains its current direction and does not revert back to pricing on the bearish side of $39.17 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 ETSY INC. COMMON STOCK closes at or above $38.50 on 1-May-2020. Based on our risk-neutral analysis, there is a 53.02% 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 Low Alert: Trading today’s movement in UNDERARMOUR CLASS C $UA

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Quantchabot has detected a promising Covered Put trade opportunity for UNDERARMOUR CLASS C (UA) for the 24-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

UA was recently trading at $6.76 and has an implied volatility of 318.82% for this period. Based on an analysis of the options available for UA expiring on 24-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $3.02-$6.76 at expiration. In this scenario, the average linear return for the trade would be 22.18%.

52 week low: UNDERARMOUR CLASS C recently reached a new 52-week low at $6.76. UA had traded in the range $6.79-$24.55 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 UA maintains its current direction and does not revert back to pricing on the bullish side of $6.76 on 24-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 bearish strategy, the trade would be profitable if UNDERARMOUR CLASS C closes at or below $6.80 on 24-Apr-2020. Based on our risk-neutral analysis, there is a 50.30% 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 LUCKIN COFFEE INC. AMERICAN DEPOSITARY SHARES $LK

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Quantchabot has detected a promising Long Risk Reversal trade opportunity for LUCKIN COFFEE INC. AMERICAN DEPOSITARY SHARES (LK) for the 17-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LK was recently trading at $6.22 and has an implied volatility of 317.38% for this period. Based on an analysis of the options available for LK expiring on 17-Apr-2020, there is a 34.16% likelihood that the underlying will close within the analyzed range of $6.22-$11.14 at expiration. In this scenario, the average linear return for the trade would be 159.67%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, LUCKIN COFFEE INC. AMERICAN DEPOSITARY SHARES 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 LK on StockTwits appears to be significantly 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 LUCKIN COFFEE INC. AMERICAN DEPOSITARY SHARES closed at or above $6.03 on 17-Apr-2020. Based on our analysis, there is a 52.15% 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.

Big Gainer Alert: Trading today’s 9.9% move in WAYFAIR INC $W

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Quantchabot has detected a promising Long Risk Reversal trade opportunity for WAYFAIR INC (W) for the 8-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

W was recently trading at $51.93 and has an implied volatility of 170.42% for this period. Based on an analysis of the options available for W expiring on 8-May-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $51.98-$91.19 at expiration. In this scenario, the average linear return for the trade would be 71.51%.

Big 9.93% Change: After closing the last trading session at $47.24, WAYFAIR INC opened today at $47.71 and has reached a high of $52.73.

Trade approach: A movement as big as 9.93% is a significantly bullish indicator, so this trade is designed to be profitable if W maintains its current direction and does not revert back to pricing on the bearish side of $51.93 on 8-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 WAYFAIR INC closes at or above $51.90 on 8-May-2020. Based on our risk-neutral analysis, there is a 50.11% 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.