StockTwits Trending Alert: Trading recent interest in TELEPHONE AND DATA SYSTEMS $TDS

Quantchabot has detected a promising Long Risk Reversal trade opportunity for TELEPHONE AND DATA SYSTEMS (TDS) for the 16-Feb-2024 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TDS was recently trading at $19.01 and has an implied volatility of 82.49% for this period. Based on an analysis of the options available for TDS expiring on 16-Feb-2024, there is a 35.77% likelihood that the underlying will close within the analyzed range of $19.01-$31.30 at expiration. In this scenario, the average linear return for the trade would be 107.30%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, TELEPHONE AND DATA SYSTEMS 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 TDS on StockTwits appears to be significantly 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 TELEPHONE AND DATA SYSTEMS closed at or above $18.20 on 16-Feb-2024. Based on our analysis, there is a 55.23% 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.


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