Synthetic Long Discount Alert: ROUNDHILL ETF TRUST ROUNDHILL NVDA WEEKLYPAY ETF $NVDW trading at a 11.31% discount for the 20-Mar-2026 expiration

Quantchabot has detected a new Synthetic Long Stock trade opportunity for ROUNDHILL ETF TRUST ROUNDHILL NVDA WEEKLYPAY ETF (NVDW) for the 20-Mar-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NVDW was recently trading at $46.23 and has an implied volatility of 61.82% for this period. Based on an analysis of the options available for NVDW expiring on 20-Mar-2026, there is a 68.29% likelihood that the underlying will close within the analyzed range of $29.98-$74.47 at expiration. In this scenario, the average linear return for the trade would be 60.16%.

Upside potential: This synthetic long position offers the same potential benefits and liabilities as a long stock position, but at a discount due to the significant premium at-the-money puts are trading at over calls. In this case, the long call position is opened at a strike of $46.00, which is already $0.23 in the money. An out-of-the-money put at the same strike is sold to finance the call, resulting in a net credit of $5.00 per share. The final position can be considered as having a discount of $5.23 per share over the underlying price of $46.23 for a 11.31% total.

Downside risk: This discount is generally a sign of the stock facing considerable short pressure, and may indicate that the stock has become hard to borrow. However, if you have a long view of the underlying over this period, it could be a good opportunity to benefit from the upside at a major discount.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.