Category Archives: Trade Ideas

52-Week High Alert: Trading today’s movement in BOSTON SCIENTIFIC $BSX

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Quantchabot has detected a promising Bull Put Spread trade opportunity for BOSTON SCIENTIFIC (BSX) for the 18-Jun-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BSX was recently trading at $43.98 and has an implied volatility of 21.99% for this period. Based on an analysis of the options available for BSX expiring on 18-Jun-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $43.99-$47.73 at expiration. In this scenario, the average linear return for the trade would be 53.82%.

52 week high: BOSTON SCIENTIFIC recently reached a new 52-week high at $44.30. BSX had traded in the range $32.99-$42.94 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 BSX maintains its current direction and does not revert back to pricing on the bearish side of $43.98 on 18-Jun-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 BOSTON SCIENTIFIC closes at or above $43.65 on 18-Jun-2021. Based on our risk-neutral analysis, there is a 53.75% 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.

Big Loser Alert: Trading today’s -9.6% move in TELADOC HEALTH INC $TDOC

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Quantchabot has detected a promising Bear Put Spread trade opportunity for TELADOC HEALTH INC (TDOC) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TDOC was recently trading at $168.51 and has an implied volatility of 43.06% for this period. Based on an analysis of the options available for TDOC expiring on 16-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $138.06-$168.55 at expiration. In this scenario, the average linear return for the trade would be 65.47%.

Big -9.55% Change: After closing the last trading session at $186.31, TELADOC HEALTH INC opened today at $174.71 and has reached a low of $168.27.

Trade approach: A movement as big as -9.55% is a significantly bearish indicator, so this trade is designed to be profitable if TDOC maintains its current direction and does not revert back to pricing on the bullish side of $168.51 on 16-Jul-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 TELADOC HEALTH INC closes at or below $169.10 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 50.65% 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: SPI ENERGY CO. LTD. AMERICAN DEPOSITARY SHARES $SPI trading at a 12.76% discount for the 21-Jan-2022 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for SPI ENERGY CO. LTD. AMERICAN DEPOSITARY SHARES (SPI) for the 21-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SPI was recently trading at $6.82 and has an implied volatility of 105.79% for this period. Based on an analysis of the options available for SPI expiring on 21-Jan-2022, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.76-$16.89 at expiration. In this scenario, the average linear return for the trade would be 52.80%.

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 put position is opened at a strike of $7.50, which is already $0.68 in-the-money. However, its sale more than offsets this moneyness and the cost of the long call that the trade results in a net credit of of $1.55 per share. The final position can be considered as having a discount of $0.87 per share over the underlying price of $6.82 for a 12.76% 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.

52-Week High Alert: Trading today’s movement in NORFOLK SOUTHERN $NSC

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Quantchabot has detected a promising Bull Put Spread trade opportunity for NORFOLK SOUTHERN (NSC) for the 18-Jun-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NSC was recently trading at $283.02 and has an implied volatility of 22.46% for this period. Based on an analysis of the options available for NSC expiring on 18-Jun-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $282.07-$306.63 at expiration. In this scenario, the average linear return for the trade would be 44.93%.

52 week high: NORFOLK SOUTHERN recently reached a new 52-week high at $287.20. NSC had traded in the range $157.48-$285.12 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 NSC maintains its current direction and does not revert back to pricing on the bearish side of $283.02 on 18-Jun-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 NORFOLK SOUTHERN closes at or above $276.90 on 18-Jun-2021. Based on our risk-neutral analysis, there is a 58.78% 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 -10.7% move in EBAY $EBAY

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Call Spread trade opportunity for EBAY (EBAY) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

EBAY was recently trading at $55.64 and has an implied volatility of 27.74% for this period. Based on an analysis of the options available for EBAY expiring on 16-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $48.78-$55.47 at expiration. In this scenario, the average linear return for the trade would be 55.60%.

Big -10.72% Change: After closing the last trading session at $62.32, EBAY opened today at $57.29 and has reached a low of $54.95.

Trade approach: A movement as big as -10.72% is a significantly bearish indicator, so this trade is designed to be profitable if EBAY maintains its current direction and does not revert back to pricing on the bullish side of $55.64 on 16-Jul-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 EBAY closes at or below $56.80 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 57.29% 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: PROPERTY SOLUTIONS ACQUISITION CORP. COMMON STOCK $PSAC trading at a 12.72% discount for the 20-Jan-2023 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for PROPERTY SOLUTIONS ACQUISITION CORP. COMMON STOCK (PSAC) for the 20-Jan-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

PSAC was recently trading at $12.03 and has an implied volatility of 69.66% for this period. Based on an analysis of the options available for PSAC expiring on 20-Jan-2023, there is a 68.27% likelihood that the underlying will close within the analyzed range of $4.84-$30.22 at expiration. In this scenario, the average linear return for the trade would be 57.03%.

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 put position is opened at a strike of $12.50, which is already $0.47 in-the-money. However, its sale more than offsets this moneyness and the cost of the long call that the trade results in a net credit of of $2.00 per share. The final position can be considered as having a discount of $1.53 per share over the underlying price of $12.03 for a 12.72% 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.

Big Loser Alert: Trading today’s -8.9% move in FORD MOTOR $F

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Quantchabot has detected a promising Bear Call Spread trade opportunity for FORD MOTOR (F) for the 18-Jun-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

F was recently trading at $11.33 and has an implied volatility of 42.32% for this period. Based on an analysis of the options available for F expiring on 18-Jun-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $9.68-$11.33 at expiration. In this scenario, the average linear return for the trade would be 66.01%.

Big -8.87% Change: After closing the last trading session at $12.43, FORD MOTOR opened today at $11.91 and has reached a low of $11.18.

Trade approach: A movement as big as -8.87% is a significantly bearish indicator, so this trade is designed to be profitable if F maintains its current direction and does not revert back to pricing on the bullish side of $11.33 on 18-Jun-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 FORD MOTOR closes at or below $11.42 on 18-Jun-2021. Based on our risk-neutral analysis, there is a 52.03% 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 BANK OF AMERICA CORP $BAC

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Quantchabot has detected a promising Bull Put Spread trade opportunity for BANK OF AMERICA CORP (BAC) for the 18-Jun-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BAC was recently trading at $40.84 and has an implied volatility of 24.92% for this period. Based on an analysis of the options available for BAC expiring on 18-Jun-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $40.66-$44.61 at expiration. In this scenario, the average linear return for the trade would be 84.94%.

52 week high: BANK OF AMERICA CORP recently reached a new 52-week high at $41.05. BAC had traded in the range $20.10-$40.38 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 BAC maintains its current direction and does not revert back to pricing on the bearish side of $40.84 on 18-Jun-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 BANK OF AMERICA CORP closes at or above $40.53 on 18-Jun-2021. Based on our risk-neutral analysis, there is a 51.39% 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: LUCKIN COFFEE INC AMERICAN DEPOSITARY SHARES – SPO $LKNCY trading at a 12.59% discount for the 21-Jan-2022 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for LUCKIN COFFEE INC AMERICAN DEPOSITARY SHARES – SPO (LKNCY) for the 21-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LKNCY was recently trading at $8.10 and has an implied volatility of 134.33% for this period. Based on an analysis of the options available for LKNCY expiring on 21-Jan-2022, there is a 68.27% likelihood that the underlying will close within the analyzed range of $2.57-$25.61 at expiration. In this scenario, the average linear return for the trade would be 58.23%.

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 $8.00, which is already $0.10 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 $0.92 per share. The final position can be considered as having a discount of $1.02 per share over the underlying price of $8.10 for a 12.59% 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.

Big Loser Alert: Trading today’s -7.5% move in SERVICENOW $NOW

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Quantchabot has detected a promising Bear Put Spread trade opportunity for SERVICENOW (NOW) for the 18-Jun-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NOW was recently trading at $515.20 and has an implied volatility of 31.83% for this period. Based on an analysis of the options available for NOW expiring on 18-Jun-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $457.81-$515.28 at expiration. In this scenario, the average linear return for the trade would be 70.34%.

Big -7.54% Change: After closing the last trading session at $557.24, SERVICENOW opened today at $521.00 and has reached a low of $508.83.

Trade approach: A movement as big as -7.54% is a significantly bearish indicator, so this trade is designed to be profitable if NOW maintains its current direction and does not revert back to pricing on the bullish side of $515.20 on 18-Jun-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 SERVICENOW closes at or below $518.40 on 18-Jun-2021. Based on our risk-neutral analysis, there is a 52.03% 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.