StockTwits Trending Alert: Trading recent interest in HOME DEPOT $HD

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.

StockTwits Trending Alert: Trading recent interest in WALMART INC $WMT

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.

Synthetic Long Discount Alert: EVE HOLDING INC $EVEX trading at a 12.08% discount for the 16-Sep-2022 expiration

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.

52-Week High Alert: Trading today’s movement in ADVANCED DRAINAGE SYSTEMS INC $WMS

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.

Synthetic Long Discount Alert: FISKER INC. $FSR trading at a 10.02% discount for the 19-Jan-2024 expiration

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.

Big Loser Alert: Trading today’s -7.7% move in TPI COMPOSITES INC $TPIC

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.

52-Week High Alert: Trading today’s movement in AMDOCS LIMITED ORDINARY SHARES $DOX

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.

Synthetic Long Discount Alert: GROVE COLLABORATIVE HOLDINGS INC $GROV trading at a 10.78% discount for the 17-Feb-2023 expiration

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.

Big Loser Alert: Trading today’s -7.3% move in W&T OFFSHORE $WTI

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.

52-Week High Alert: Trading today’s movement in LAMB WESTON HOLDINGS INC $LW

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.

Helping you turn news into trades