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

Quantcha now offering unlimited commission-free options trading.

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

Quantcha now offering unlimited commission-free options trading.

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

Quantcha now offering unlimited commission-free options trading.

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

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.

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

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: 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

Quantcha now offering unlimited commission-free options trading.

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.