StockTwits Trending Alert: Trading recent interest in PROSHARES ULTRASHORT REAL ESTA $SRS

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Put trade opportunity for PROSHARES ULTRASHORT REAL ESTA (SRS) for the 21-Oct-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SRS was recently trading at $15.09 and has an implied volatility of 60.41% for this period. Based on an analysis of the options available for SRS expiring on 21-Oct-2022, there is a 33.76% likelihood that the underlying will close within the analyzed range of $10.06-$15.09 at expiration. In this scenario, the average linear return for the trade would be 60.18%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, PROSHARES ULTRASHORT REAL ESTA 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 SRS 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 PROSHARES ULTRASHORT REAL ESTA closed at or below $20.99 on 21-Oct-2022. Based on our analysis, there is a 78.73% 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.