Synthetic Long Discount Alert: AURORA CANNABIS INC $ACB trading at a 10.11% discount for the 15-Jan-2021 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for AURORA CANNABIS INC (ACB) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ACB was recently trading at $7.56 and has an implied volatility of 35.61% for this period. Based on an analysis of the options available for ACB expiring on 15-Jan-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $3.97-$15.45 at expiration. In this scenario, the average linear return for the trade would be 60.44%.

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 $7.00, which is already $0.56 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 $0.20 per share. The final position can be considered as having a discount of $0.76 per share over the underlying price of $7.56 for a 10.06% 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 6/25/2019 11:18:35 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: SANGAMO THERAPEUTICS INC. COMMON STOCK $SGMO returning up to 27.61% through 15-Nov-2019

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Quantchabot has detected a promising Covered Call trade opportunity for SANGAMO THERAPEUTICS INC. COMMON STOCK (SGMO) for the 15-Nov-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SGMO was recently trading at $9.77 and has an implied volatility of 68.17% for this period. Based on an analysis of the options available for SGMO expiring on 15-Nov-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $6.41-$15.17 at expiration. In this scenario, the average linear return for the trade would be 10.13%.

Moneyness: These options are currently 12.70% out of the money and there is a 39.95% likelihood that these options will be exercised before or at expiration.

Most upside: If SANGAMO THERAPEUTICS INC. COMMON STOCK closes at or above $11.00, this trade could return up to 27.61%. Based on our analysis, there is a 39.98% 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 37.73% chance the underlying will close at or below its breakeven price of $8.62, 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 6/25/2019 11:18:35 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in DIREXION DAILY JR GOLD BEAR $JDST

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Quantchabot has detected a promising Bear Call Spread trade opportunity for DIREXION DAILY JR GOLD BEAR (JDST) for the 5-Jul-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

JDST was recently trading at $24.55 and has an implied volatility of 127.60% for this period. Based on an analysis of the options available for JDST expiring on 5-Jul-2019, there is a 34.00% likelihood that the underlying will close within the analyzed range of $20.02-$24.55 at expiration. In this scenario, the average linear return for the trade would be 29.87%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, DIREXION DAILY JR GOLD BEAR 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 JDST 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 DIREXION DAILY JR GOLD BEAR closed at or below $26.15 on 5-Jul-2019. Based on our analysis, there is a 62.00% 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 6/25/2019 10:58:44 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: DENALI THERAPEUTICS INC. COMMON STOCK $DNLI returning up to 59.49% through 20-Dec-2019

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Quantchabot has detected a promising Covered Call trade opportunity for DENALI THERAPEUTICS INC. COMMON STOCK (DNLI) for the 20-Dec-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

DNLI was recently trading at $20.62 and has an implied volatility of 84.78% for this period. Based on an analysis of the options available for DNLI expiring on 20-Dec-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $11.43-$38.07 at expiration. In this scenario, the average linear return for the trade would be 13.66%.

Moneyness: These options are currently 45.56% out of the money and there is a 26.57% likelihood that these options will be exercised before or at expiration.

Most upside: If DENALI THERAPEUTICS INC. COMMON STOCK closes at or above $30.00, this trade could return up to 59.49%. Based on our analysis, there is a 27.29% 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 43.17% chance the underlying will close at or below its breakeven price of $18.81, 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 6/25/2019 10:58:11 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: BP PRUDHOE BAY $BPT trading at a 11.64% discount for the 20-Dec-2019 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for BP PRUDHOE BAY (BPT) for the 20-Dec-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BPT was recently trading at $15.16 and has an implied volatility of 25.66% for this period. Based on an analysis of the options available for BPT expiring on 20-Dec-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $10.47-$22.48 at expiration. In this scenario, the average linear return for the trade would be 53.37%.

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 $15.00, which is already $0.16 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 $1.60 per share. The final position can be considered as having a discount of $1.76 per share over the underlying price of $15.16 for a 11.64% 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 6/25/2019 10:58:06 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in GRUBHUB INC $GRUB

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Call Spread trade opportunity for GRUBHUB INC (GRUB) for the 5-Jul-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GRUB was recently trading at $76.34 and has an implied volatility of 44.10% for this period. Based on an analysis of the options available for GRUB expiring on 5-Jul-2019, there is a 33.71% likelihood that the underlying will close within the analyzed range of $70.37-$76.32 at expiration. In this scenario, the average linear return for the trade would be 60.72%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, GRUBHUB 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 GRUB 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 GRUBHUB INC closed at or below $76.40 on 5-Jul-2019. Based on our analysis, there is a 50.08% 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 6/25/2019 10:58:10 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 COLGATE-PALMOLIVE $CL

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Quantchabot has detected a promising Bull Put Spread trade opportunity for COLGATE-PALMOLIVE (CL) for the 19-Jul-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CL was recently trading at $74.06 and has an implied volatility of 13.53% for this period. Based on an analysis of the options available for CL expiring on 19-Jul-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $73.75-$76.87 at expiration. In this scenario, the average linear return for the trade would be 56.65%.

52 week high: COLGATE-PALMOLIVE recently reached a new 52-week high at $74.25. CL had traded in the range $57.41-$74.14 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 CL maintains its current direction and does not revert back to pricing on the bearish side of $74.06 on 19-Jul-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 COLGATE-PALMOLIVE closes at or above $73.63 on 19-Jul-2019. Based on our risk-neutral analysis, there is a 51.57% 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 6/25/2019 10:57:23 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in LENNAR $LEN

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Put Spread trade opportunity for LENNAR (LEN) for the 19-Jul-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LEN was recently trading at $52.12 and has an implied volatility of 29.15% for this period. Based on an analysis of the options available for LEN expiring on 19-Jul-2019, there is a 33.32% likelihood that the underlying will close within the analyzed range of $48.47-$52.13 at expiration. In this scenario, the average linear return for the trade would be 64.75%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, LENNAR 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 LEN 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 LENNAR closed at or below $52.39 on 19-Jul-2019. Based on our analysis, there is a 51.86% 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 6/25/2019 10:56:23 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Gainer Alert: Trading today’s 8.8% move in USANA HEALTH SCIENCES $USNA

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Quantchabot has detected a promising Bull Put Spread trade opportunity for USANA HEALTH SCIENCES (USNA) for the 19-Jul-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

USNA was recently trading at $78.68 and has an implied volatility of 58.91% for this period. Based on an analysis of the options available for USNA expiring on 19-Jul-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $78.81-$89.97 at expiration. In this scenario, the average linear return for the trade would be 17.65%.

Big 8.76% Change: After closing the last trading session at $72.34, USANA HEALTH SCIENCES opened today at $77.65 and has reached a high of $81.19.

Trade approach: A movement as big as 8.76% is a significantly bullish indicator, so this trade is designed to be profitable if USNA maintains its current direction and does not revert back to pricing on the bearish side of $78.68 on 19-Jul-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 USANA HEALTH SCIENCES closes at or above $74.25 on 19-Jul-2019. Based on our risk-neutral analysis, there is a 67.36% 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 6/25/2019 10:57:15 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: REATA PHARMACEUTICALS INC. CLASS A COMMON STOCK $RETA returning up to 44.55% through 20-Dec-2019

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Quantchabot has detected a promising Covered Call trade opportunity for REATA PHARMACEUTICALS INC. CLASS A COMMON STOCK (RETA) for the 20-Dec-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

RETA was recently trading at $85.84 and has an implied volatility of 102.38% for this period. Based on an analysis of the options available for RETA expiring on 20-Dec-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $42.63-$176.91 at expiration. In this scenario, the average linear return for the trade would be 17.17%.

Moneyness: These options are currently 16.48% out of the money and there is a 42.00% likelihood that these options will be exercised before or at expiration.

Most upside: If REATA PHARMACEUTICALS INC. CLASS A COMMON STOCK closes at or above $176.91, this trade could return up to 44.55%. 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 37.46% chance the underlying will close at or below its breakeven price of $69.18, 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 6/25/2019 10:56:19 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.