Quantchabot has detected a promising Bear Call Spread trade opportunity for HOME DEPOT (HD) for the 21-Oct-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

HD was recently trading at $314.61 and has an implied volatility of 27.96% for this period. Based on an analysis of the options available for HD expiring on 21-Oct-2022, there is a 32.76% likelihood that the underlying will close within the analyzed range of $280.24-$314.61 at expiration. In this scenario, the average linear return for the trade would be 86.96%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, HOME DEPOT 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 HD on StockTwits appears to be significantly 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 HOME DEPOT closed at or below $314.85 on 21-Oct-2022. Based on our analysis, there is a 48.85% 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.

Quantchabot has detected a promising Bear Put Spread trade opportunity for WALMART INC (WMT) for the 16-Jun-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

WMT was recently trading at $132.60 and has an implied volatility of 25.75% for this period. Based on an analysis of the options available for WMT expiring on 16-Jun-2023, there is a 31.80% likelihood that the underlying will close within the analyzed range of $106.24-$132.60 at expiration. In this scenario, the average linear return for the trade would be 90.67%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, WALMART 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 WMT on StockTwits appears to be significantly 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 WALMART INC closed at or below $132.75 on 16-Jun-2023. Based on our analysis, there is a 47.85% 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.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for EVE HOLDING INC (EVEX) for the 16-Sep-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

EVEX was recently trading at $7.45 and has an implied volatility of 127.07% for this period. Based on an analysis of the options available for EVEX expiring on 16-Sep-2022, there is a 68.40% likelihood that the underlying will close within the analyzed range of $5.11-$10.92 at expiration. In this scenario, the average linear return for the trade would be 50.11%.

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 $0.05 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 $0.95 per share. The final position can be considered as having a discount of $0.90 per share over the underlying price of $7.45 for a 12.08% 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.

Quantchabot has detected a promising Bull Call Spread trade opportunity for ADVANCED DRAINAGE SYSTEMS INC (WMS) for the 16-Sep-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

WMS was recently trading at $149.34 and has an implied volatility of 37.62% for this period. Based on an analysis of the options available for WMS expiring on 16-Sep-2022, there is a 34.20% likelihood that the underlying will close within the analyzed range of $149.53-$167.33 at expiration. In this scenario, the average linear return for the trade would be 11.14%.

52 week high: ADVANCED DRAINAGE SYSTEMS INC recently reached a new 52-week high at $149.89. WMS had traded in the range $80.81-$148.19 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 WMS maintains its current direction and does not revert back to pricing on the bearish side of $149.34 on 16-Sep-2022. 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 ADVANCED DRAINAGE SYSTEMS INC closes at or above $147.55 on 16-Sep-2022. Based on our risk-neutral analysis, there is a 54.72% 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.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for FISKER INC. (FSR) for the 19-Jan-2024 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

FSR was recently trading at $9.23 and has an implied volatility of 83.08% for this period. Based on an analysis of the options available for FSR expiring on 19-Jan-2024, there is a 68.28% likelihood that the underlying will close within the analyzed range of $3.58-$26.17 at expiration. In this scenario, the average linear return for the trade would be 62.39%.

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 $10.00, which is already $0.77 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 $1.69 per share. The final position can be considered as having a discount of $0.92 per share over the underlying price of $9.23 for a 10.02% 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.

Quantchabot has detected a promising Bear Call Spread trade opportunity for TPI COMPOSITES INC (TPIC) for the 16-Sep-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TPIC was recently trading at $22.67 and has an implied volatility of 83.51% for this period. Based on an analysis of the options available for TPIC expiring on 16-Sep-2022, there is a 34.20% likelihood that the underlying will close within the analyzed range of $17.70-$22.72 at expiration. In this scenario, the average linear return for the trade would be 35.52%.

Big -7.66% Change: After closing the last trading session at $24.55, TPI COMPOSITES INC opened today at $24.41 and has reached a low of $22.38.

Trade approach: A movement as big as -7.66% is a significantly bearish indicator, so this trade is designed to be profitable if TPIC maintains its current direction and does not revert back to pricing on the bullish side of $22.67 on 16-Sep-2022. 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 TPI COMPOSITES INC closes at or below $23.20 on 16-Sep-2022. Based on our risk-neutral analysis, there is a 53.38% 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.

Quantchabot has detected a promising Bull Call Spread trade opportunity for AMDOCS LIMITED ORDINARY SHARES (DOX) for the 21-Oct-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

DOX was recently trading at $88.87 and has an implied volatility of 18.01% for this period. Based on an analysis of the options available for DOX expiring on 21-Oct-2022, there is a 34.16% likelihood that the underlying will close within the analyzed range of $88.84-$96.00 at expiration. In this scenario, the average linear return for the trade would be 20.53%.

52 week high: AMDOCS LIMITED ORDINARY SHARES recently reached a new 52-week high at $89.21. DOX had traded in the range $68.33-$88.95 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 DOX maintains its current direction and does not revert back to pricing on the bearish side of $88.87 on 21-Oct-2022. 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 AMDOCS LIMITED ORDINARY SHARES closes at or above $88.20 on 21-Oct-2022. Based on our risk-neutral analysis, there is a 53.72% 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.

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for GROVE COLLABORATIVE HOLDINGS INC (GROV) for the 17-Feb-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GROV was recently trading at $5.10 and has an implied volatility of 160.49% for this period. Based on an analysis of the options available for GROV expiring on 17-Feb-2023, there is a 68.29% likelihood that the underlying will close within the analyzed range of $1.65-$16.33 at expiration. In this scenario, the average linear return for the trade would be 66.48%.

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 $5.00, 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 $0.45 per share. The final position can be considered as having a discount of $0.55 per share over the underlying price of $5.10 for a 10.78% 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.

Quantchabot has detected a promising Bear Call Spread trade opportunity for W&T OFFSHORE (WTI) for the 21-Oct-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

WTI was recently trading at $5.71 and has an implied volatility of 82.50% for this period. Based on an analysis of the options available for WTI expiring on 21-Oct-2022, there is a 34.17% likelihood that the underlying will close within the analyzed range of $4.02-$5.73 at expiration. In this scenario, the average linear return for the trade would be 47.00%.

Big -7.31% Change: After closing the last trading session at $6.16, W&T OFFSHORE opened today at $5.77 and has reached a low of $5.43.

Trade approach: A movement as big as -7.31% is a significantly bearish indicator, so this trade is designed to be profitable if WTI maintains its current direction and does not revert back to pricing on the bullish side of $5.71 on 21-Oct-2022. 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 W&T OFFSHORE closes at or below $5.75 on 21-Oct-2022. Based on our risk-neutral analysis, there is a 50.32% 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.

Quantchabot has detected a promising Bull Call Spread trade opportunity for LAMB WESTON HOLDINGS INC (LW) for the 16-Sep-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LW was recently trading at $82.80 and has an implied volatility of 23.23% for this period. Based on an analysis of the options available for LW expiring on 16-Sep-2022, there is a 34.20% likelihood that the underlying will close within the analyzed range of $82.97-$88.93 at expiration. In this scenario, the average linear return for the trade would be 11.73%.

52 week high: LAMB WESTON HOLDINGS INC recently reached a new 52-week high at $82.84. LW had traded in the range $49.71-$82.26 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 LW maintains its current direction and does not revert back to pricing on the bearish side of $82.80 on 16-Sep-2022. 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 LAMB WESTON HOLDINGS INC closes at or above $82.00 on 16-Sep-2022. Based on our risk-neutral analysis, there is a 56.72% 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.