Quantchabot has detected a promising Long Risk Reversal trade opportunity for CITIZENS FINANCIAL GROUP INC (CFG) for the 17-Jan-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CFG was recently trading at $23.68 and has an implied volatility of 43.05% for this period. Based on an analysis of the options available for CFG expiring on 17-Jan-2025, there is a 32.22% likelihood that the underlying will close within the analyzed range of $23.68-$37.43 at expiration. In this scenario, the average linear return for the trade would be 127.07%.
Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, CITIZENS FINANCIAL GROUP 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 CFG 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 CITIZENS FINANCIAL GROUP INC closed at or above $22.65 on 17-Jan-2025. Based on our analysis, there is a 51.75% 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.
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