All posts by Automated Ideas

Ideas posted by this account are automatically generated based on market analysis. Please be aware that they are not vetted and the publishing process is completely automated. If you have any feedback about the ideas posted, please email hello@quantcha.com.

52-Week High Alert: Trading today’s movement in KINSALE CAPITAL GROUP INC $KNSL

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Quantchabot has detected a promising Bull Call Spread trade opportunity for KINSALE CAPITAL GROUP INC (KNSL) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

KNSL was recently trading at $148.19 and has an implied volatility of 40.33% for this period. Based on an analysis of the options available for KNSL expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $148.14-$172.31 at expiration. In this scenario, the average linear return for the trade would be 31.99%.

52 week high: KINSALE CAPITAL GROUP INC recently reached a new 52-week high at $151.28. KNSL had traded in the range $80.93-$150.94 over the past year.

Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if KNSL maintains its current direction and does not revert back to pricing on the bearish side of $148.19 on 17-Jul-2020. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if KINSALE CAPITAL GROUP INC closes at or above $148.00 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 50.24% 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.

Big Gainer Alert: Trading today’s 7.5% move in TD AMERITRADE HOLDING $AMTD

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Quantchabot has detected a promising Long Risk Reversal trade opportunity for TD AMERITRADE HOLDING (AMTD) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AMTD was recently trading at $38.70 and has an implied volatility of 47.49% for this period. Based on an analysis of the options available for AMTD expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $38.71-$46.25 at expiration. In this scenario, the average linear return for the trade would be 25.37%.

Big 7.50% Change: After closing the last trading session at $36.00, TD AMERITRADE HOLDING opened today at $37.32 and has reached a high of $38.75.

Trade approach: A movement as big as 7.50% is a significantly bullish indicator, so this trade is designed to be profitable if AMTD maintains its current direction and does not revert back to pricing on the bearish side of $38.70 on 17-Jul-2020. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if TD AMERITRADE HOLDING closes at or above $37.80 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 55.31% 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.

StockTwits Trending Alert: Trading recent interest in SPDR S&P REGIONAL BANKING ETF $KRE

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Quantchabot has detected a promising Bull Call Spread trade opportunity for SPDR S&P REGIONAL BANKING ETF (KRE) for the 5-Jun-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

KRE was recently trading at $39.85 and has an implied volatility of 49.16% for this period. Based on an analysis of the options available for KRE expiring on 5-Jun-2020, there is a 34.22% likelihood that the underlying will close within the analyzed range of $39.84-$43.10 at expiration. In this scenario, the average linear return for the trade would be 51.16%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, SPDR S&P REGIONAL BANKING ETF 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 KRE 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 SPDR S&P REGIONAL BANKING ETF closed at or above $39.82 on 5-Jun-2020. Based on our analysis, there is a 50.41% 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.

52-Week High Alert: Trading today’s movement in NOVANTA INC. COMMON STOCK $NOVT

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Quantchabot has detected a promising Bull Put Spread trade opportunity for NOVANTA INC. COMMON STOCK (NOVT) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NOVT was recently trading at $102.03 and has an implied volatility of 42.68% for this period. Based on an analysis of the options available for NOVT expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $102.05-$119.76 at expiration. In this scenario, the average linear return for the trade would be 29.87%.

52 week high: NOVANTA INC. COMMON STOCK recently reached a new 52-week high at $102.21. NOVT had traded in the range $66.44-$100.77 over the past year.

Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if NOVT maintains its current direction and does not revert back to pricing on the bearish side of $102.03 on 17-Jul-2020. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if NOVANTA INC. COMMON STOCK closes at or above $101.30 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 51.85% 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.

Big Gainer Alert: Trading today’s 7.1% move in CHARLES SCHWAB $SCHW

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Quantchabot has detected a promising Bull Put Spread trade opportunity for CHARLES SCHWAB (SCHW) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SCHW was recently trading at $36.97 and has an implied volatility of 42.50% for this period. Based on an analysis of the options available for SCHW expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $36.97-$43.36 at expiration. In this scenario, the average linear return for the trade would be 52.14%.

Big 7.14% Change: After closing the last trading session at $34.50, CHARLES SCHWAB opened today at $36.20 and has reached a high of $37.01.

Trade approach: A movement as big as 7.14% is a significantly bullish indicator, so this trade is designed to be profitable if SCHW maintains its current direction and does not revert back to pricing on the bearish side of $36.97 on 17-Jul-2020. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if CHARLES SCHWAB closes at or above $36.90 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 50.50% 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.

StockTwits Trending Alert: Trading recent interest in BARRICK GOLD CORP $GOLD

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Quantchabot has detected a promising Bear Call Spread trade opportunity for BARRICK GOLD CORP (GOLD) for the 5-Jun-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GOLD was recently trading at $23.77 and has an implied volatility of 52.03% for this period. Based on an analysis of the options available for GOLD expiring on 5-Jun-2020, there is a 35.64% likelihood that the underlying will close within the analyzed range of $21.82-$23.77 at expiration. In this scenario, the average linear return for the trade would be 42.02%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, BARRICK GOLD CORP 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 GOLD 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 BARRICK GOLD CORP closed at or below $23.81 on 5-Jun-2020. Based on our analysis, there is a 52.21% 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.

52-Week High Alert: Trading today’s movement in CHEMOCENTRYX $CCXI

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Put Spread trade opportunity for CHEMOCENTRYX (CCXI) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CCXI was recently trading at $61.82 and has an implied volatility of 122.36% for this period. Based on an analysis of the options available for CCXI expiring on 17-Jul-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $61.84-$97.81 at expiration. In this scenario, the average linear return for the trade would be 77.56%.

52 week high: CHEMOCENTRYX recently reached a new 52-week high at $62.25. CCXI had traded in the range $6.16-$60.44 over the past year.

Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if CCXI maintains its current direction and does not revert back to pricing on the bearish side of $61.82 on 17-Jul-2020. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if CHEMOCENTRYX closes at or above $60.50 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 51.90% 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.

StockTwits Trending Alert: Trading recent interest in ELI LILLY $LLY

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Put Spread trade opportunity for ELI LILLY (LLY) for the 5-Jun-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LLY was recently trading at $144.57 and has an implied volatility of 29.88% for this period. Based on an analysis of the options available for LLY expiring on 5-Jun-2020, there is a 34.26% likelihood that the underlying will close within the analyzed range of $144.56-$151.63 at expiration. In this scenario, the average linear return for the trade would be 51.33%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, ELI LILLY 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 LLY on StockTwits appears to be moderately 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 ELI LILLY closed at or above $143.97 on 5-Jun-2020. Based on our analysis, there is a 53.55% 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.

Big Gainer Alert: Trading today’s 7.3% move in TRUIST FINANCIAL CORP $TFC

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Quantchabot has detected a promising Bull Call Spread trade opportunity for TRUIST FINANCIAL CORP (TFC) for the 19-Jun-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TFC was recently trading at $38.83 and has an implied volatility of 44.26% for this period. Based on an analysis of the options available for TFC expiring on 19-Jun-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $38.84-$43.43 at expiration. In this scenario, the average linear return for the trade would be 40.39%.

Big 7.30% Change: After closing the last trading session at $36.19, TRUIST FINANCIAL CORP opened today at $39.36 and has reached a high of $39.74.

Trade approach: A movement as big as 7.30% is a significantly bullish indicator, so this trade is designed to be profitable if TFC maintains its current direction and does not revert back to pricing on the bearish side of $38.83 on 19-Jun-2020. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if TRUIST FINANCIAL CORP closes at or above $38.43 on 19-Jun-2020. Based on our risk-neutral analysis, there is a 53.76% 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.

Big Gainer Alert: Trading today’s 7.6% move in VIACOMCBS INC CLASS B $VIAC

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bull Put Spread trade opportunity for VIACOMCBS INC CLASS B (VIAC) for the 17-Jul-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

VIAC was recently trading at $21.92 and has an implied volatility of 59.61% for this period. Based on an analysis of the options available for VIAC expiring on 17-Jul-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $21.69-$27.12 at expiration. In this scenario, the average linear return for the trade would be 72.16%.

Big 7.61% Change: After closing the last trading session at $20.37, VIACOMCBS INC CLASS B opened today at $21.15 and has reached a high of $22.00.

Trade approach: A movement as big as 7.61% is a significantly bullish indicator, so this trade is designed to be profitable if VIAC maintains its current direction and does not revert back to pricing on the bearish side of $21.92 on 17-Jul-2020. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bullish strategy, the trade would be profitable if VIACOMCBS INC CLASS B closes at or above $21.62 on 17-Jul-2020. Based on our risk-neutral analysis, there is a 50.54% 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.