Covered Call Alert: KRYSTAL BIOTECH INC. COMMON STOCK $KRYS returning up to 63.98% through 21-Jan-2022

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Quantchabot has detected a promising Covered Call trade opportunity for KRYSTAL BIOTECH INC. COMMON STOCK (KRYS) for the 21-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

KRYS was recently trading at $48.75 and has an implied volatility of 198.62% for this period. Based on an analysis of the options available for KRYS expiring on 21-Jan-2022, there is a 68.27% likelihood that the underlying will close within the analyzed range of $17.67-$134.61 at expiration. In this scenario, the average linear return for the trade would be 22.79%.

Moneyness: These options are currently 23.11% out of the money and there is a 41.35% likelihood that these options will be exercised before or at expiration.

Most upside: If KRYSTAL BIOTECH INC. COMMON STOCK closes at or above $60.00, this trade could return up to 63.98%. Based on our analysis, there is a 41.91% 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 38.86% chance the underlying will close at or below its breakeven price of $36.59, 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 Loser Alert: Trading today’s -17.0% move in MANNKIND $MNKD

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Quantchabot has detected a promising Covered Put trade opportunity for MANNKIND (MNKD) for the 5-Nov-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MNKD was recently trading at $4.22 and has an implied volatility of 117.47% for this period. Based on an analysis of the options available for MNKD expiring on 5-Nov-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $3.25-$4.23 at expiration. In this scenario, the average linear return for the trade would be 20.55%.

Big -16.99% Change: After closing the last trading session at $5.09, MANNKIND opened today at $4.35 and has reached a low of $4.17.

Trade approach: A movement as big as -16.99% is a significantly bearish indicator, so this trade is designed to be profitable if MNKD maintains its current direction and does not revert back to pricing on the bullish side of $4.22 on 5-Nov-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 MANNKIND closes at or below $4.42 on 5-Nov-2021. Based on our risk-neutral analysis, there is a 56.79% 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 ROYAL DUTCH SHELL $RDS.A

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Quantchabot has detected a promising Bull Put Spread trade opportunity for ROYAL DUTCH SHELL (RDS.A) for the 22-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

RDS.A was recently trading at $48.78 and has an implied volatility of 24.87% for this period. Based on an analysis of the options available for RDS.A expiring on 22-Oct-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $48.78-$50.13 at expiration. In this scenario, the average linear return for the trade would be 39.67%.

52 week high: ROYAL DUTCH SHELL recently reached a new 52-week high at $48.91. RDS.A had traded in the range $23.07-$48.45 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 RDS.A maintains its current direction and does not revert back to pricing on the bearish side of $48.78 on 22-Oct-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 ROYAL DUTCH SHELL closes at or above $48.70 on 22-Oct-2021. Based on our risk-neutral analysis, there is a 52.41% 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: VEDANTA LTD $VEDL trading at a 22.82% discount for the 17-Dec-2021 expiration

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Quantchabot has detected a promising Synthetic Long Stock trade opportunity for VEDANTA LTD (VEDL) for the 17-Dec-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

VEDL was recently trading at $19.76 and has an implied volatility of 132.81% for this period. Based on an analysis of the options available for VEDL expiring on 17-Dec-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $11.51-$33.92 at expiration. In this scenario, the average linear return for the trade would be 102.57%.

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 $20.00, which is already $0.24 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 $4.75 per share. The final position can be considered as having a discount of $4.51 per share over the underlying price of $19.76 for a 22.82% 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: ALLAKOS INC. COMMON STOCK $ALLK returning up to 47.69% through 18-Mar-2022

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Quantchabot has detected a promising Covered Call trade opportunity for ALLAKOS INC. COMMON STOCK (ALLK) for the 18-Mar-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ALLK was recently trading at $106.05 and has an implied volatility of 157.99% for this period. Based on an analysis of the options available for ALLK expiring on 18-Mar-2022, there is a 68.27% likelihood that the underlying will close within the analyzed range of $38.36-$293.51 at expiration. In this scenario, the average linear return for the trade would be 28.60%.

Moneyness: These options are currently 15.47% in the money and there is a 56.16% likelihood that these options will be exercised before or at expiration.

Most upside: If ALLAKOS INC. COMMON STOCK closes at or above $90.00, this trade could return up to 47.69%. Based on our analysis, there is a 56.43% 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 29.29% chance the underlying will close at or below its breakeven price of $60.94, 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.

52-Week High Alert: Trading today’s movement in SEA LTD ADS $SE

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Quantchabot has detected a promising Bull Put Spread trade opportunity for SEA LTD ADS (SE) for the 19-Nov-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SE was recently trading at $357.80 and has an implied volatility of 47.58% for this period. Based on an analysis of the options available for SE expiring on 19-Nov-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $357.83-$412.32 at expiration. In this scenario, the average linear return for the trade would be 69.66%.

52 week high: SEA LTD ADS recently reached a new 52-week high at $361.63. SE had traded in the range $155.10-$359.84 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 SE maintains its current direction and does not revert back to pricing on the bearish side of $357.80 on 19-Nov-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 SEA LTD ADS closes at or above $356.65 on 19-Nov-2021. Based on our risk-neutral analysis, there is a 50.93% 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 -10.5% move in ZILLOW GROUP INC. CLASS C CAPITAL STOCK $Z

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Quantchabot has detected a promising Bear Put Spread trade opportunity for ZILLOW GROUP INC. CLASS C CAPITAL STOCK (Z) for the 29-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

Z was recently trading at $84.97 and has an implied volatility of 46.90% for this period. Based on an analysis of the options available for Z expiring on 29-Oct-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $78.22-$84.97 at expiration. In this scenario, the average linear return for the trade would be 62.57%.

Big -10.53% Change: After closing the last trading session at $94.97, ZILLOW GROUP INC. CLASS C CAPITAL STOCK opened today at $87.20 and has reached a low of $84.10.

Trade approach: A movement as big as -10.53% is a significantly bearish indicator, so this trade is designed to be profitable if Z maintains its current direction and does not revert back to pricing on the bullish side of $84.97 on 29-Oct-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 ZILLOW GROUP INC. CLASS C CAPITAL STOCK closes at or below $85.20 on 29-Oct-2021. Based on our risk-neutral 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.

Synthetic Long Discount Alert: BIT MINING LTD $BTCM trading at a 31.40% discount for the 20-Jan-2023 expiration

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

BTCM was recently trading at $9.84 and has an implied volatility of 102.63% for this period. Based on an analysis of the options available for BTCM expiring on 20-Jan-2023, there is a 68.27% likelihood that the underlying will close within the analyzed range of $3.12-$31.23 at expiration. In this scenario, the average linear return for the trade would be 107.47%.

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 $0.16 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 $3.25 per share. The final position can be considered as having a discount of $3.09 per share over the underlying price of $9.84 for a 31.40% 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 ZILLOW GROUP INC. CLASS C CAPITAL STOCK $Z

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Quantchabot has detected a promising Bull Call Spread trade opportunity for ZILLOW GROUP INC. CLASS C CAPITAL STOCK (Z) for the 29-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

Z was recently trading at $84.59 and has an implied volatility of 47.81% for this period. Based on an analysis of the options available for Z expiring on 29-Oct-2021, there is a 33.98% likelihood that the underlying will close within the analyzed range of $84.62-$92.05 at expiration. In this scenario, the average linear return for the trade would be 70.58%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, ZILLOW GROUP INC. CLASS C CAPITAL 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 Z 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 ZILLOW GROUP INC. CLASS C CAPITAL STOCK closed at or above $84.25 on 29-Oct-2021. Based on our analysis, there is a 51.91% 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 ZILLOW GROUP INC. CLASS A COMMON STOCK $ZG

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Quantchabot has detected a promising Short Risk Reversal trade opportunity for ZILLOW GROUP INC. CLASS A COMMON STOCK (ZG) for the 19-Nov-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ZG was recently trading at $86.55 and has an implied volatility of 55.91% for this period. Based on an analysis of the options available for ZG expiring on 19-Nov-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $73.27-$86.56 at expiration. In this scenario, the average linear return for the trade would be 30.58%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, ZILLOW GROUP INC. CLASS A 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 ZG 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 ZILLOW GROUP INC. CLASS A COMMON STOCK closed at or below $87.20 on 19-Nov-2021. Based on our analysis, there is a 51.77% 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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