Covered Call Alert: HALOZYME THERAPEUTICS $HALO returning up to 25.61% through 17-Jan-2020

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Quantchabot has detected a promising Covered Call trade opportunity for HALOZYME THERAPEUTICS (HALO) for the 17-Jan-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

HALO was recently trading at $16.37 and has an implied volatility of 68.50% for this period. Based on an analysis of the options available for HALO expiring on 17-Jan-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $10.93-$24.93 at expiration. In this scenario, the average linear return for the trade would be 10.14%.

Moneyness: These options are currently 9.96% out of the money and there is a 41.98% likelihood that these options will be exercised before or at expiration.

Most upside: If HALOZYME THERAPEUTICS closes at or above $18.00, this trade could return up to 25.61%. Based on our analysis, there is a 41.68% 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 36.59% chance the underlying will close at or below its breakeven price of $14.33, 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 8/30/2019 11:46:33 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: FUNKO INC. CLASS A COMMON STOCK $FNKO returning up to 22.07% through 21-Feb-2020

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Quantchabot has detected a promising Covered Call trade opportunity for FUNKO INC. CLASS A COMMON STOCK (FNKO) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

FNKO was recently trading at $23.81 and has an implied volatility of 59.15% for this period. Based on an analysis of the options available for FNKO expiring on 21-Feb-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $16.26-$35.60 at expiration. In this scenario, the average linear return for the trade would be 10.30%.

Moneyness: These options are currently 4.87% out of the money and there is a 46.26% likelihood that these options will be exercised before or at expiration.

Most upside: If FUNKO INC. CLASS A COMMON STOCK closes at or above $25.00, this trade could return up to 22.07%. Based on our analysis, there is a 46.09% 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 34.06% chance the underlying will close at or below its breakeven price of $20.48, 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 8/30/2019 11:46:20 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Covered Call Alert: EDITAS MEDICINE INC. COMMON STOCK $EDIT returning up to 20.19% through 21-Feb-2020

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Quantchabot has detected a promising Covered Call trade opportunity for EDITAS MEDICINE INC. COMMON STOCK (EDIT) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

EDIT was recently trading at $24.70 and has an implied volatility of 59.89% for this period. Based on an analysis of the options available for EDIT expiring on 21-Feb-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $16.80-$37.07 at expiration. In this scenario, the average linear return for the trade would be 10.39%.

Moneyness: These options are currently 1.32% out of the money and there is a 49.83% likelihood that these options will be exercised before or at expiration.

Most upside: If EDITAS MEDICINE INC. COMMON STOCK closes at or above $25.00, this trade could return up to 20.19%. Based on our analysis, there is a 49.82% 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 32.26% chance the underlying will close at or below its breakeven price of $20.80, 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 8/30/2019 11:46:04 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: CEL-SCI $CVM trading at a 13.19% discount for the 21-Feb-2020 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for CEL-SCI (CVM) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CVM was recently trading at $7.32 and has an implied volatility of 115.91% for this period. Based on an analysis of the options available for CVM expiring on 21-Feb-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.47-$22.09 at expiration. In this scenario, the average linear return for the trade would be 60.56%.

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 $7.50, which is already $0.19 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 $1.15 per share. The final position can be considered as having a discount of $0.97 per share over the underlying price of $7.32 for a 13.19% 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 8/30/2019 11:05:49 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: CEL-SCI $CVM trading at a 13.19% discount for the 21-Feb-2020 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for CEL-SCI (CVM) for the 21-Feb-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CVM was recently trading at $7.32 and has an implied volatility of 115.91% for this period. Based on an analysis of the options available for CVM expiring on 21-Feb-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.47-$22.09 at expiration. In this scenario, the average linear return for the trade would be 60.56%.

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 $7.50, which is already $0.19 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 $1.15 per share. The final position can be considered as having a discount of $0.97 per share over the underlying price of $7.32 for a 13.19% 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 8/30/2019 11:01:30 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Synthetic Long Discount Alert: TILRAY INC. CLASS 2 COMMON STOCK $TLRY trading at a 11.30% discount for the 20-Mar-2020 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 20-Mar-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TLRY was recently trading at $27.00 and has an implied volatility of 52.98% for this period. Based on an analysis of the options available for TLRY expiring on 20-Mar-2020, there is a 68.27% likelihood that the underlying will close within the analyzed range of $14.88-$50.11 at expiration. In this scenario, the average linear return for the trade would be 54.70%.

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 $25.00, 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 $1.05 per share. The final position can be considered as having a discount of $3.05 per share over the underlying price of $27.00 for a 11.30% 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 8/30/2019 10:45:39 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 DOLLAR GENERAL $DG

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Quantchabot has detected a promising Bull Put Spread trade opportunity for DOLLAR GENERAL (DG) for the 15-Nov-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

DG was recently trading at $157.82 and has an implied volatility of 20.61% for this period. Based on an analysis of the options available for DG expiring on 15-Nov-2019, there is a 34.13% likelihood that the underlying will close within the analyzed range of $158.22-$174.07 at expiration. In this scenario, the average linear return for the trade would be 45.15%.

52 week high: DOLLAR GENERAL recently reached a new 52-week high at $158.91. DG had traded in the range $98.08-$145.06 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 DG maintains its current direction and does not revert back to pricing on the bearish side of $157.82 on 15-Nov-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 DOLLAR GENERAL closes at or above $156.80 on 15-Nov-2019. Based on our risk-neutral analysis, there is a 53.75% 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 8/30/2019 10:36:34 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -11.3% move in AMERICAN OUTDOOR BRANDS CORP $AOBC

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Quantchabot has detected a promising Bear Call Spread trade opportunity for AMERICAN OUTDOOR BRANDS CORP (AOBC) for the 18-Oct-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AOBC was recently trading at $6.81 and has an implied volatility of 49.71% for this period. Based on an analysis of the options available for AOBC expiring on 18-Oct-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $5.67-$6.83 at expiration. In this scenario, the average linear return for the trade would be 25.00%.

Big -11.33% Change: After closing the last trading session at $7.68, AMERICAN OUTDOOR BRANDS CORP opened today at $6.65 and has reached a low of $5.93.

Trade approach: A movement as big as -11.33% is a significantly bearish indicator, so this trade is designed to be profitable if AOBC maintains its current direction and does not revert back to pricing on the bullish side of $6.81 on 18-Oct-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 AMERICAN OUTDOOR BRANDS CORP closes at or below $7.20 on 18-Oct-2019. Based on our risk-neutral analysis, there is a 61.21% 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 8/30/2019 10:36:25 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

StockTwits Trending Alert: Trading recent interest in ULTA BEAUTY INC $ULTA

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Quantchabot has detected a promising Bear Call Spread trade opportunity for ULTA BEAUTY INC (ULTA) for the 13-Sep-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ULTA was recently trading at $242.40 and has an implied volatility of 45.84% for this period. Based on an analysis of the options available for ULTA expiring on 13-Sep-2019, there is a 33.86% likelihood that the underlying will close within the analyzed range of $221.36-$242.45 at expiration. In this scenario, the average linear return for the trade would be 33.33%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, ULTA BEAUTY 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 ULTA 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 ULTA BEAUTY INC closed at or below $252.50 on 13-Sep-2019. Based on our analysis, there is a 66.87% 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 8/30/2019 10:36:20 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.

Big Loser Alert: Trading today’s -8.5% move in ENDO INTERNATIONAL PLC ORDINAR $ENDP

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Quantchabot has detected a promising Covered Put trade opportunity for ENDO INTERNATIONAL PLC ORDINAR (ENDP) for the 18-Oct-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ENDP was recently trading at $2.25 and has an implied volatility of 132.14% for this period. Based on an analysis of the options available for ENDP expiring on 18-Oct-2019, there is a 34.14% likelihood that the underlying will close within the analyzed range of $1.42-$2.26 at expiration. In this scenario, the average linear return for the trade would be 44.45%.

Big -8.54% Change: After closing the last trading session at $2.46, ENDO INTERNATIONAL PLC ORDINAR opened today at $2.42 and has reached a low of $2.22.

Trade approach: A movement as big as -8.54% is a significantly bearish indicator, so this trade is designed to be profitable if ENDP maintains its current direction and does not revert back to pricing on the bullish side of $2.25 on 18-Oct-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 ENDO INTERNATIONAL PLC ORDINAR closes at or below $2.45 on 18-Oct-2019. Based on our risk-neutral analysis, there is a 57.01% 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.


This is an automated post generated based on a market analysis of delayed data at 8/30/2019 10:36:03 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.