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.

Big Loser Alert: Trading today’s -12.5% move in AMARIN $AMRN

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Quantchabot has detected a promising Bear Call Spread trade opportunity for AMARIN (AMRN) for the 30-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

AMRN was recently trading at $5.11 and has an implied volatility of 93.44% for this period. Based on an analysis of the options available for AMRN expiring on 30-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $4.17-$5.11 at expiration. In this scenario, the average linear return for the trade would be 32.35%.

Big -12.50% Change: After closing the last trading session at $5.84, AMARIN opened today at $5.50 and has reached a low of $5.11.

Trade approach: A movement as big as -12.50% is a significantly bearish indicator, so this trade is designed to be profitable if AMRN maintains its current direction and does not revert back to pricing on the bullish side of $5.11 on 30-Apr-2021. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bearish strategy, the trade would be profitable if AMARIN closes at or below $5.25 on 30-Apr-2021. Based on our risk-neutral analysis, there is a 55.27% 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 8.7% move in IHEARTMEDIA INC $IHRT

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Quantchabot has detected a promising Bull Call Spread trade opportunity for IHEARTMEDIA INC (IHRT) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

IHRT was recently trading at $19.00 and has an implied volatility of 67.16% for this period. Based on an analysis of the options available for IHRT expiring on 16-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $19.00-$20.25 at expiration. In this scenario, the average linear return for the trade would be 36.39%.

Big 8.70% Change: After closing the last trading session at $17.48, IHEARTMEDIA INC opened today at $18.17 and has reached a high of $19.18.

Trade approach: A movement as big as 8.70% is a significantly bullish indicator, so this trade is designed to be profitable if IHRT maintains its current direction and does not revert back to pricing on the bearish side of $19.00 on 16-Apr-2021. 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 IHEARTMEDIA INC closes at or above $19.00 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 50.01% 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 NORTHERN TRUST $NTRS

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Quantchabot has detected a promising Bull Call Spread trade opportunity for NORTHERN TRUST (NTRS) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NTRS was recently trading at $109.17 and has an implied volatility of 24.12% for this period. Based on an analysis of the options available for NTRS expiring on 16-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $109.17-$111.70 at expiration. In this scenario, the average linear return for the trade would be 24.02%.

52 week high: NORTHERN TRUST recently reached a new 52-week high at $109.47. NTRS had traded in the range $67.43-$109.16 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 NTRS maintains its current direction and does not revert back to pricing on the bearish side of $109.17 on 16-Apr-2021. 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 NORTHERN TRUST closes at or above $108.90 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 54.32% 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 Loser Alert: Trading today’s -7.6% move in UPSTART HOLDINGS INC. COMMON STOCK $UPST

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Quantchabot has detected a promising Short Risk Reversal trade opportunity for UPSTART HOLDINGS INC. COMMON STOCK (UPST) for the 21-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

UPST was recently trading at $103.91 and has an implied volatility of 91.71% for this period. Based on an analysis of the options available for UPST expiring on 21-May-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $77.21-$103.92 at expiration. In this scenario, the average linear return for the trade would be 78.16%.

Big -7.60% Change: After closing the last trading session at $112.46, UPSTART HOLDINGS INC. COMMON STOCK opened today at $111.88 and has reached a low of $103.50.

Trade approach: A movement as big as -7.60% is a significantly bearish indicator, so this trade is designed to be profitable if UPST maintains its current direction and does not revert back to pricing on the bullish side of $103.91 on 21-May-2021. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bearish strategy, the trade would be profitable if UPSTART HOLDINGS INC. COMMON STOCK closes at or below $123.20 on 21-May-2021. Based on our risk-neutral analysis, there is a 71.66% 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 Loser Alert: Trading today’s -7.6% move in UPSTART HOLDINGS INC. COMMON STOCK $UPST

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Short Risk Reversal trade opportunity for UPSTART HOLDINGS INC. COMMON STOCK (UPST) for the 21-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

UPST was recently trading at $103.91 and has an implied volatility of 91.71% for this period. Based on an analysis of the options available for UPST expiring on 21-May-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $77.21-$103.92 at expiration. In this scenario, the average linear return for the trade would be 78.16%.

Big -7.60% Change: After closing the last trading session at $112.46, UPSTART HOLDINGS INC. COMMON STOCK opened today at $111.88 and has reached a low of $103.50.

Trade approach: A movement as big as -7.60% is a significantly bearish indicator, so this trade is designed to be profitable if UPST maintains its current direction and does not revert back to pricing on the bullish side of $103.91 on 21-May-2021. If possible, the trade has been padded such that slight movement against the trade would still return a profit.

Upside potential: Using this bearish strategy, the trade would be profitable if UPSTART HOLDINGS INC. COMMON STOCK closes at or below $123.20 on 21-May-2021. Based on our risk-neutral analysis, there is a 71.66% 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.

Synthetic Long Discount Alert: MPLX LP $MPLX trading at a 10.21% discount for the 20-Jan-2023 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for MPLX LP (MPLX) for the 20-Jan-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MPLX was recently trading at $25.95 and has an implied volatility of 31.48% for this period. Based on an analysis of the options available for MPLX expiring on 20-Jan-2023, there is a 68.27% likelihood that the underlying will close within the analyzed range of $17.15-$39.67 at expiration. In this scenario, the average linear return for the trade would be 44.62%.

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 $25.00, which is already $0.95 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 $1.70 per share. The final position can be considered as having a discount of $2.65 per share over the underlying price of $25.95 for a 10.21% 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.

Synthetic Long Discount Alert: MPLX LP $MPLX trading at a 10.21% discount for the 20-Jan-2023 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for MPLX LP (MPLX) for the 20-Jan-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MPLX was recently trading at $25.95 and has an implied volatility of 31.48% for this period. Based on an analysis of the options available for MPLX expiring on 20-Jan-2023, there is a 68.27% likelihood that the underlying will close within the analyzed range of $17.15-$39.67 at expiration. In this scenario, the average linear return for the trade would be 44.62%.

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 $25.00, which is already $0.95 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 $1.70 per share. The final position can be considered as having a discount of $2.65 per share over the underlying price of $25.95 for a 10.21% 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.

Synthetic Long Discount Alert: ADVENT TECHNOLOGIES HOLDINGS INC $ADN trading at a 11.08% discount for the 17-Sep-2021 expiration

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for ADVENT TECHNOLOGIES HOLDINGS INC (ADN) for the 17-Sep-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ADN was recently trading at $13.27 and has an implied volatility of 61.31% for this period. Based on an analysis of the options available for ADN expiring on 17-Sep-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $8.88-$19.86 at expiration. In this scenario, the average linear return for the trade would be 54.38%.

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 $12.50, which is already $0.77 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 $0.70 per share. The final position can be considered as having a discount of $1.47 per share over the underlying price of $13.27 for a 11.08% 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.

StockTwits Trending Alert: Trading recent interest in EXP WORLD HOLDINGS INC. COMMON STOCK $EXPI

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Quantchabot has detected a promising Covered Put trade opportunity for EXP WORLD HOLDINGS INC. COMMON STOCK (EXPI) for the 21-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

EXPI was recently trading at $37.86 and has an implied volatility of 89.25% for this period. Based on an analysis of the options available for EXPI expiring on 21-May-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $28.36-$37.86 at expiration. In this scenario, the average linear return for the trade would be 64.22%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, EXP WORLD HOLDINGS INC. COMMON STOCK 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 EXPI 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 EXP WORLD HOLDINGS INC. COMMON STOCK closed at or below $55.70 on 21-May-2021. Based on our analysis, there is a 90.91% 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 DERMTECH INC $DMTK

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Short Risk Reversal trade opportunity for DERMTECH INC (DMTK) for the 21-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

DMTK was recently trading at $43.42 and has an implied volatility of 96.94% for this period. Based on an analysis of the options available for DMTK expiring on 21-May-2021, there is a 34.22% likelihood that the underlying will close within the analyzed range of $31.72-$43.45 at expiration. In this scenario, the average linear return for the trade would be 64.09%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, DERMTECH 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 DMTK 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 DERMTECH INC closed at or below $44.15 on 21-May-2021. Based on our analysis, there is a 52.10% 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.