Covered Call Alert: ALLOGENE THERAPEUTICS INC $ALLO returning up to 25.85% through 16-Aug-2019

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Quantchabot has detected a promising Covered Call trade opportunity for ALLOGENE THERAPEUTICS INC (ALLO) for the 16-Aug-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ALLO was recently trading at $32.21 and has an implied volatility of 66.75% for this period. Based on an analysis of the options available for ALLO expiring on 16-Aug-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $20.54-$51.77 at expiration. In this scenario, the average linear return for the trade would be 10.40%.

Moneyness: These options are currently 8.83% out of the money and there is a 43.76% likelihood that these options will be exercised before or at expiration.

Most upside: If ALLOGENE THERAPEUTICS INC closes at or above $35.00, this trade could return up to 25.85%. Based on our analysis, there is a 43.92% 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 36.52% chance the underlying will close at or below its breakeven price of $27.81, 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 2/28/2019 2:44:30 PM 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 15.21% 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 $11.07 and has an implied volatility of 63.82% 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 $7.50-$16.69 at expiration. In this scenario, the average linear return for the trade would be 10.43%.

Moneyness: These options are currently 9.62% in the money and there is a 60.19% likelihood that these options will be exercised before or at expiration.

Most upside: If ENDO INTERNATIONAL PLC ORDINAR closes at or above $10.00, this trade could return up to 15.21%. Based on our analysis, there is a 61.03% 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 26.31% chance the underlying will close at or below its breakeven price of $8.68, 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 2/28/2019 12:44:16 PM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: OASIS PETROLEUM $OAS returning up to 21.95% through 16-Aug-2019

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Quantchabot has detected a promising Covered Call trade opportunity for OASIS PETROLEUM (OAS) for the 16-Aug-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

OAS was recently trading at $5.67 and has an implied volatility of 57.23% for this period. Based on an analysis of the options available for OAS expiring on 16-Aug-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $3.90-$8.44 at expiration. In this scenario, the average linear return for the trade would be 10.04%.

Moneyness: These options are currently 5.91% out of the money and there is a 45.48% likelihood that these options will be exercised before or at expiration.

Most upside: If OASIS PETROLEUM closes at or above $6.00, this trade could return up to 21.95%. Based on our analysis, there is a 45.44% 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 34.46% chance the underlying will close at or below its breakeven price of $4.92, 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 2/28/2019 11:43:57 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: PUMA BIOTECHNOLOGY $PBYI returning up to 23.76% through 21-Jun-2019

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Quantchabot has detected a promising Covered Call trade opportunity for PUMA BIOTECHNOLOGY (PBYI) for the 21-Jun-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

PBYI was recently trading at $28.08 and has an implied volatility of 75.67% for this period. Based on an analysis of the options available for PBYI expiring on 21-Jun-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $18.53-$43.26 at expiration. In this scenario, the average linear return for the trade would be 10.00%.

Moneyness: These options are currently 6.78% out of the money and there is a 44.54% likelihood that these options will be exercised before or at expiration.

Most upside: If PUMA BIOTECHNOLOGY closes at or above $43.26, this trade could return up to 23.76%. 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 35.70% chance the underlying will close at or below its breakeven price of $24.24, 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 2/28/2019 11:25:32 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: GENWORTH FINANCIAL $GNW returning up to 23.08% through 21-Jun-2019

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Quantchabot has detected a promising Covered Call trade opportunity for GENWORTH FINANCIAL (GNW) for the 21-Jun-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GNW was recently trading at $3.95 and has an implied volatility of 99.94% for this period. Based on an analysis of the options available for GNW expiring on 21-Jun-2019, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.41-$6.57 at expiration. In this scenario, the average linear return for the trade would be 10.52%.

Moneyness: These options are currently 1.39% out of the money and there is a 49.63% likelihood that these options will be exercised before or at expiration.

Most upside: If GENWORTH FINANCIAL closes at or above $4.00, this trade could return up to 23.08%. Based on our analysis, there is a 49.59% 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 34.30% chance the underlying will close at or below its breakeven price of $3.25, 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 2/28/2019 10:55:33 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -10.8% move in LIBERTY INTERACTIVE QVC GROUP SER A $QRTEA

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Quantchabot has detected a promising Bear Put Spread trade opportunity for LIBERTY INTERACTIVE QVC GROUP SER A (QRTEA) for the 18-Apr-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

QRTEA was recently trading at $19.56 and has an implied volatility of 26.56% for this period. Based on an analysis of the options available for QRTEA expiring on 18-Apr-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $17.62-$19.62 at expiration. In this scenario, the average linear return for the trade would be 16.28%.

Big -10.79% Change: After closing the last trading session at $21.92, LIBERTY INTERACTIVE QVC GROUP SER A opened today at $21.13 and has reached a low of $19.09.

Trade approach: A movement as big as -10.79% is a significantly bearish indicator, so this trade is designed to be profitable if QRTEA maintains its current direction and does not revert back to pricing on the bullish side of $19.56 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 LIBERTY INTERACTIVE QVC GROUP SER A closes at or below $20.35 on 18-Apr-2019. Based on our risk-neutral analysis, there is a 63.25% 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 2/28/2019 10:47:12 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 BROOKFIELD ASSET $BAM

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

BAM was recently trading at $44.91 and has an implied volatility of 14.23% for this period. Based on an analysis of the options available for BAM expiring on 18-Apr-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $45.06-$47.52 at expiration. In this scenario, the average linear return for the trade would be 16.28%.

52 week high: BROOKFIELD ASSET recently reached a new 52-week high at $45.08. BAM had traded in the range $36.58-$45.04 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 BAM maintains its current direction and does not revert back to pricing on the bearish side of $44.91 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 BROOKFIELD ASSET closes at or above $44.30 on 18-Apr-2019. Based on our risk-neutral analysis, there is a 62.63% 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 2/28/2019 10:47:11 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Gainer Alert: Trading today’s 10.7% move in MONSTER BEVERAGE $MNST

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

MNST was recently trading at $65.00 and has an implied volatility of 25.71% for this period. Based on an analysis of the options available for MNST expiring on 18-Apr-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $65.22-$71.44 at expiration. In this scenario, the average linear return for the trade would be 31.58%.

Big 10.66% Change: After closing the last trading session at $58.74, MONSTER BEVERAGE opened today at $63.22 and has reached a high of $66.38.

Trade approach: A movement as big as 10.66% is a significantly bullish indicator, so this trade is designed to be profitable if MNST maintains its current direction and does not revert back to pricing on the bearish side of $65.00 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 MONSTER BEVERAGE closes at or above $63.80 on 18-Apr-2019. Based on our risk-neutral analysis, there is a 59.56% 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 2/28/2019 10:46:26 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in L BRANDS INC $LB

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Quantchabot has detected a promising Bear Put Spread trade opportunity for L BRANDS INC (LB) for the 8-Mar-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LB was recently trading at $25.26 and has an implied volatility of 49.22% for this period. Based on an analysis of the options available for LB expiring on 8-Mar-2019, there is a 34.04% likelihood that the underlying will close within the analyzed range of $23.51-$25.27 at expiration. In this scenario, the average linear return for the trade would be 50.45%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, L BRANDS 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 LB 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 L BRANDS INC closed at or below $25.35 on 8-Mar-2019. Based on our analysis, there is a 51.64% 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 2/28/2019 10:46:14 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: ENERGOUS CORPORATION COMMON ST $WATT trading at a 10.91% discount for the 17-Jan-2020 expiration

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

WATT was recently trading at $6.00 and has an implied volatility of 65.62% for this period. Based on an analysis of the options available for WATT expiring on 17-Jan-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.43-$15.53 at expiration. In this scenario, the average linear return for the trade would be 59.78%.

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 $5.00, which is already $1.00 in the money. An out-of-the-money put at the same strike is sold to finance the call, resulting in a net debit of $0.35 per share. The final position can be considered as having a discount of $0.65 per share over the underlying price of $6.00 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.


This is an automated post generated based on a market analysis of delayed data at 2/28/2019 10:46:13 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.