Synthetic Long Discount Alert: TILRAY INC. CLASS 2 COMMON STOCK $TLRY trading at a 9.98% 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 $77.00 and has an implied volatility of 47.96% 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 $30.78-$215.89 at expiration. In this scenario, the average linear return for the trade would be 66.64%.

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 $75.00, which is already $2.00 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 $5.80 per share. The final position can be considered as having a discount of $7.80 per share over the underlying price of $77.00 for a 10.13% 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 2/13/2019 11:25:00 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: ENDO INTERNATIONAL PLC ORDINAR $ENDP returning up to 21.82% through 19-Jul-2019

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Quantchabot has detected a promising Covered Call trade opportunity for ENDO INTERNATIONAL PLC ORDINAR (ENDP) for the 19-Jul-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ENDP was recently trading at $10.63 and has an implied volatility of 65.16% for this period. Based on an analysis of the options available for ENDP expiring on 19-Jul-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $7.08-$16.34 at expiration. In this scenario, the average linear return for the trade would be 10.38%.

Moneyness: These options are currently 3.53% out of the money and there is a 47.89% likelihood that these options will be exercised before or at expiration.

Most upside: If ENDO INTERNATIONAL PLC ORDINAR closes at or above $11.00, this trade could return up to 21.82%. Based on our analysis, there is a 47.85% 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 33.81% chance the underlying will close at or below its breakeven price of $9.03, 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.


This is an automated post generated based on a market analysis of delayed data at 2/13/2019 11:12:42 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in QUALYS $QLYS

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Quantchabot has detected a promising Bear Call Spread trade opportunity for QUALYS (QLYS) for the 15-Mar-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

QLYS was recently trading at $84.16 and has an implied volatility of 40.97% for this period. Based on an analysis of the options available for QLYS expiring on 15-Mar-2019, there is a 33.67% likelihood that the underlying will close within the analyzed range of $74.68-$84.22 at expiration. In this scenario, the average linear return for the trade would be 45.70%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, QUALYS 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 QLYS 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 QUALYS closed at or below $85.40 on 15-Mar-2019. Based on our analysis, there is a 54.11% 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.


This is an automated post generated based on a market analysis of delayed data at 2/13/2019 10:46:03 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 AON $AON

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Quantchabot has detected a promising Bull Put Spread trade opportunity for AON (AON) for the 18-Apr-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AON was recently trading at $171.91 and has an implied volatility of 15.65% for this period. Based on an analysis of the options available for AON expiring on 18-Apr-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $172.68-$183.92 at expiration. In this scenario, the average linear return for the trade would be 42.76%.

52 week high: AON recently reached a new 52-week high at $172.56. AON had traded in the range $134.82-$170.82 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 AON maintains its current direction and does not revert back to pricing on the bearish side of $171.91 on 18-Apr-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 AON closes at or above $171.80 on 18-Apr-2019. Based on our risk-neutral analysis, there is a 53.22% 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 2/13/2019 10:46:04 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -14.7% move in GROUPON INC $GRPN

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Quantchabot has detected a promising Bear Call Spread trade opportunity for GROUPON INC (GRPN) for the 18-Apr-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GRPN was recently trading at $3.38 and has an implied volatility of 54.77% for this period. Based on an analysis of the options available for GRPN expiring on 18-Apr-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $2.69-$3.39 at expiration. In this scenario, the average linear return for the trade would be 28.21%.

Big -14.71% Change: After closing the last trading session at $3.96, GROUPON INC opened today at $3.60 and has reached a low of $3.31.

Trade approach: A movement as big as -14.71% is a significantly bearish indicator, so this trade is designed to be profitable if GRPN maintains its current direction and does not revert back to pricing on the bullish side of $3.38 on 18-Apr-2019. 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 GROUPON INC closes at or below $3.61 on 18-Apr-2019. Based on our risk-neutral analysis, there is a 60.50% 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 2/13/2019 10:45:22 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in AKAMAI TECHNOLOGIES $AKAM

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Quantchabot has detected a promising Bear Call Spread trade opportunity for AKAMAI TECHNOLOGIES (AKAM) for the 22-Feb-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AKAM was recently trading at $70.85 and has an implied volatility of 25.53% for this period. Based on an analysis of the options available for AKAM expiring on 22-Feb-2019, there is a 34.12% likelihood that the underlying will close within the analyzed range of $67.89-$70.90 at expiration. In this scenario, the average linear return for the trade would be 39.97%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, AKAMAI TECHNOLOGIES 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 AKAM 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 AKAMAI TECHNOLOGIES closed at or below $70.90 on 22-Feb-2019. Based on our analysis, there is a 50.05% 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 2/13/2019 10:44:49 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 MONDELEZ INTERNATIONAL $MDLZ

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Quantchabot has detected a promising Bull Put Spread trade opportunity for MONDELEZ INTERNATIONAL (MDLZ) for the 18-Apr-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MDLZ was recently trading at $47.69 and has an implied volatility of 13.66% for this period. Based on an analysis of the options available for MDLZ expiring on 18-Apr-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $47.90-$51.07 at expiration. In this scenario, the average linear return for the trade would be 66.28%.

52 week high: MONDELEZ INTERNATIONAL recently reached a new 52-week high at $47.74. MDLZ had traded in the range $37.42-$47.51 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 MDLZ maintains its current direction and does not revert back to pricing on the bearish side of $47.69 on 18-Apr-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 MONDELEZ INTERNATIONAL closes at or above $47.60 on 18-Apr-2019. Based on our risk-neutral analysis, there is a 53.95% 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 2/13/2019 10:44:45 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: NEW AGE BEVERAGES CORPORATION COMMON $NBEV trading at a 11.15% discount for the 17-Jan-2020 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for NEW AGE BEVERAGES CORPORATION COMMON (NBEV) for the 17-Jan-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NBEV was recently trading at $6.41 and has an implied volatility of 75.34% for this period. Based on an analysis of the options available for NBEV expiring on 17-Jan-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.53-$17.10 at expiration. In this scenario, the average linear return for the trade would be 58.62%.

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 $7.00, which is already $0.59 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 $1.30 per share. The final position can be considered as having a discount of $0.71 per share over the underlying price of $6.41 for a 11.08% 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 2/13/2019 10:44:35 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Gainer Alert: Trading today’s 14.0% move in AVALARA INC $AVLR

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Quantchabot has detected a promising Bull Put Spread trade opportunity for AVALARA INC (AVLR) for the 15-Mar-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AVLR was recently trading at $49.90 and has an implied volatility of 46.09% for this period. Based on an analysis of the options available for AVLR expiring on 15-Mar-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $50.01-$57.42 at expiration. In this scenario, the average linear return for the trade would be 49.25%.

Big 13.98% Change: After closing the last trading session at $43.78, AVALARA INC opened today at $47.50 and has reached a high of $51.48.

Trade approach: A movement as big as 13.98% is a significantly bullish indicator, so this trade is designed to be profitable if AVLR maintains its current direction and does not revert back to pricing on the bearish side of $49.90 on 15-Mar-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 AVALARA INC closes at or above $48.35 on 15-Mar-2019. Based on our risk-neutral analysis, there is a 59.62% 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 2/13/2019 10:44:34 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in TWILIO INC $TWLO

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Call Spread trade opportunity for TWILIO INC (TWLO) for the 22-Feb-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TWLO was recently trading at $110.27 and has an implied volatility of 54.36% for this period. Based on an analysis of the options available for TWLO expiring on 22-Feb-2019, there is a 33.55% likelihood that the underlying will close within the analyzed range of $101.18-$110.20 at expiration. In this scenario, the average linear return for the trade would be 61.96%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, TWILIO 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 TWLO 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 TWILIO INC closed at or below $111.15 on 22-Feb-2019. Based on our analysis, there is a 53.36% 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 2/13/2019 10:43:41 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.