StockTwits Trending Alert: Trading recent interest in XILINX $XLNX

Quantcha now offering unlimited commission-free options trading.

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

XLNX was recently trading at $99.12 and has an implied volatility of 30.13% for this period. Based on an analysis of the options available for XLNX expiring on 17-Jan-2020, there is a 34.45% likelihood that the underlying will close within the analyzed range of $99.15-$105.05 at expiration. In this scenario, the average linear return for the trade would be 81.31%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, XILINX 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 XLNX 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 XILINX closed at or above $99.06 on 17-Jan-2020. Based on our analysis, there is a 50.91% 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.