StockTwits Trending Alert: Trading recent interest in UNITED PARCEL SERVICE $UPS

Quantchabot has detected a new Bear Call Spread trade opportunity for UNITED PARCEL SERVICE (UPS) for the 18-Oct-2024 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

UPS was recently trading at $136.35 and has an implied volatility of 25.19% for this period. Based on an analysis of the options available for UPS expiring on 18-Oct-2024, there is a 29.42% likelihood that the underlying will close within the analyzed range of $121.12-$136.35 at expiration. In this scenario, the average linear return for the trade would be 617.05%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, UNITED PARCEL SERVICE 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 UPS 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 UNITED PARCEL SERVICE closed at or below $137.35 on 18-Oct-2024. Based on our analysis, there is a 47.43% 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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