52-Week High Alert: Trading today’s movement in UNITED PARCEL SERVICE $UPS

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Quantchabot has detected a promising Bull Call Spread trade opportunity for UNITED PARCEL SERVICE (UPS) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

UPS was recently trading at $170.74 and has an implied volatility of 30.90% for this period. Based on an analysis of the options available for UPS expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $170.75-$183.02 at expiration. In this scenario, the average linear return for the trade would be 67.12%.

52 week high: UNITED PARCEL SERVICE recently reached a new 52-week high at $171.88. UPS had traded in the range $82.00-$167.36 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 UPS maintains its current direction and does not revert back to pricing on the bearish side of $170.74 on 16-Oct-2020. 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 UNITED PARCEL SERVICE closes at or above $170.45 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 51.01% 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.

Synthetic Long Discount Alert: TORTOISE ACQUISITION CORP $SHLL trading at a 21.75% discount for the 20-Jan-2023 expiration

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

SHLL was recently trading at $49.84 and has an implied volatility of 108.64% for this period. Based on an analysis of the options available for SHLL expiring on 20-Jan-2023, there is a 68.27% likelihood that the underlying will close within the analyzed range of $9.63-$262.39 at expiration. In this scenario, the average linear return for the trade would be 98.80%.

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 $50.00, which is already $0.16 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 $11.00 per share. The final position can be considered as having a discount of $10.84 per share over the underlying price of $49.84 for a 21.75% 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.

Covered Call Alert: CYTOKINETICS INCORPORATED COM $CYTK returning up to 70.18% through 19-Feb-2021

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Quantchabot has detected a promising Covered Call trade opportunity for CYTOKINETICS INCORPORATED COM (CYTK) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CYTK was recently trading at $22.64 and has an implied volatility of 193.76% for this period. Based on an analysis of the options available for CYTK expiring on 19-Feb-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $6.70-$76.66 at expiration. In this scenario, the average linear return for the trade would be 30.12%.

Moneyness: These options are currently 10.42% out of the money and there is a 46.86% likelihood that these options will be exercised before or at expiration.

Most upside: If CYTOKINETICS INCORPORATED COM closes at or above $25.00, this trade could return up to 70.18%. Based on our analysis, there is a 46.79% likelihood of this return.

The downside: As with any covered call, the risk is substantial as it is vulnerable to a downturn in the underlying itself. There is a 36.10% chance the underlying will close at or below its breakeven price of $14.69, resulting in a net loss on the trade.

To find the best covered calls on the market, be sure to check out Quantcha’s covered call screener.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.

Big Gainer Alert: Trading today’s 8.9% move in HSBC HOLDINGS $HSBC

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Quantchabot has detected a promising Bull Call Spread trade opportunity for HSBC HOLDINGS (HSBC) for the 23-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

HSBC was recently trading at $19.73 and has an implied volatility of 34.60% for this period. Based on an analysis of the options available for HSBC expiring on 23-Oct-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $19.73-$21.61 at expiration. In this scenario, the average linear return for the trade would be 39.22%.

Big 8.92% Change: After closing the last trading session at $18.11, HSBC HOLDINGS opened today at $19.80 and has reached a high of $19.80.

Trade approach: A movement as big as 8.92% is a significantly bullish indicator, so this trade is designed to be profitable if HSBC maintains its current direction and does not revert back to pricing on the bearish side of $19.73 on 23-Oct-2020. 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 HSBC HOLDINGS closes at or above $19.70 on 23-Oct-2020. Based on our risk-neutral analysis, there is a 50.60% 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 DEVON ENERGY $DVN

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Quantchabot has detected a promising Bull Put Spread trade opportunity for DEVON ENERGY (DVN) for the 9-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

DVN was recently trading at $9.13 and has an implied volatility of 74.98% for this period. Based on an analysis of the options available for DVN expiring on 9-Oct-2020, there is a 34.31% likelihood that the underlying will close within the analyzed range of $9.12-$10.42 at expiration. In this scenario, the average linear return for the trade would be 52.73%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, DEVON ENERGY 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 DVN on StockTwits appears to be moderately positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bullish strategy, the trade would be profitable if DEVON ENERGY closed at or above $9.11 on 9-Oct-2020. Based on our analysis, there is a 50.67% 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 TECHNICFMC PLC $FTI

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Quantchabot has detected a promising Bull Put Spread trade opportunity for TECHNICFMC PLC (FTI) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

FTI was recently trading at $6.06 and has an implied volatility of 64.55% for this period. Based on an analysis of the options available for FTI expiring on 16-Oct-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $6.06-$7.02 at expiration. In this scenario, the average linear return for the trade would be 25.00%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, TECHNICFMC PLC 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 FTI on StockTwits appears to be significantly positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bullish strategy, the trade would be profitable if TECHNICFMC PLC closed at or above $5.80 on 16-Oct-2020. Based on our analysis, there is a 61.75% 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.

StockTwits Trending Alert: Trading recent interest in KIMCO REALTY $KIM

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Quantchabot has detected a promising Bull Call Spread trade opportunity for KIMCO REALTY (KIM) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

KIM was recently trading at $11.22 and has an implied volatility of 54.56% for this period. Based on an analysis of the options available for KIM expiring on 16-Oct-2020, there is a 34.16% likelihood that the underlying will close within the analyzed range of $11.22-$12.71 at expiration. In this scenario, the average linear return for the trade would be 18.15%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, KIMCO REALTY 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 KIM on StockTwits appears to be moderately positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bullish strategy, the trade would be profitable if KIMCO REALTY closed at or above $11.20 on 16-Oct-2020. Based on our analysis, there is a 50.60% 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 REALOGY HOLDINGS $RLGY

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Quantchabot has detected a promising Covered Call trade opportunity for REALOGY HOLDINGS (RLGY) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

RLGY was recently trading at $9.08 and has an implied volatility of 87.54% for this period. Based on an analysis of the options available for RLGY expiring on 16-Oct-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $9.08-$11.09 at expiration. In this scenario, the average linear return for the trade would be 10.89%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, REALOGY HOLDINGS 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 RLGY on StockTwits appears to be significantly positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bullish strategy, the trade would be profitable if REALOGY HOLDINGS closed at or above $8.78 on 16-Oct-2020. Based on our analysis, there is a 56.70% 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 GRUPO FINANCIERO GALICIA $GGAL

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Quantchabot has detected a promising Long Risk Reversal trade opportunity for GRUPO FINANCIERO GALICIA (GGAL) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GGAL was recently trading at $7.40 and has an implied volatility of 86.75% for this period. Based on an analysis of the options available for GGAL expiring on 16-Oct-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $7.40-$9.02 at expiration. In this scenario, the average linear return for the trade would be 28.19%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, GRUPO FINANCIERO GALICIA 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 GGAL on StockTwits appears to be moderately positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bullish strategy, the trade would be profitable if GRUPO FINANCIERO GALICIA closed at or above $7.05 on 16-Oct-2020. Based on our analysis, there is a 59.69% 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 WEIBO CORPORATION AMERICAN DEP $WB

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Quantchabot has detected a promising Bull Put Spread trade opportunity for WEIBO CORPORATION AMERICAN DEP (WB) for the 9-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

WB was recently trading at $32.54 and has an implied volatility of 75.00% for this period. Based on an analysis of the options available for WB expiring on 9-Oct-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $32.54-$37.28 at expiration. In this scenario, the average linear return for the trade would be 51.28%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, WEIBO CORPORATION AMERICAN DEP 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 WB on StockTwits appears to be moderately positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bullish strategy, the trade would be profitable if WEIBO CORPORATION AMERICAN DEP closed at or above $32.40 on 9-Oct-2020. Based on our analysis, there is a 51.28% 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.

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