52-Week High Alert: Trading today’s movement in AGNC INVESTMENT CORP $AGNC

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Call Spread trade opportunity for AGNC INVESTMENT CORP (AGNC) for the 23-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AGNC was recently trading at $17.11 and has an implied volatility of 13.83% for this period. Based on an analysis of the options available for AGNC expiring on 23-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $17.11-$17.60 at expiration. In this scenario, the average linear return for the trade would be 11.11%.

52 week high: AGNC INVESTMENT CORP recently reached a new 52-week high at $17.15. AGNC had traded in the range $10.47-$17.09 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 AGNC maintains its current direction and does not revert back to pricing on the bearish side of $17.11 on 23-Apr-2021. 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 AGNC INVESTMENT CORP closes at or above $16.95 on 23-Apr-2021. Based on our risk-neutral analysis, there is a 62.78% 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.