52-Week High Alert: Trading today’s movement in CRANE HOLDINGS CO $CR

Quantchabot has detected a promising Bull Call Spread trade opportunity for CRANE HOLDINGS CO (CR) for the 17-Mar-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CR was recently trading at $114.52 and has an implied volatility of 23.18% for this period. Based on an analysis of the options available for CR expiring on 17-Mar-2023, there is a 34.18% likelihood that the underlying will close within the analyzed range of $114.83-$125.30 at expiration. In this scenario, the average linear return for the trade would be 13.57%.

52 week high: CRANE HOLDINGS CO recently reached a new 52-week high at $115.55. CR had traded in the range $82.14-$114.87 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 CR maintains its current direction and does not revert back to pricing on the bearish side of $114.52 on 17-Mar-2023. 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 CRANE HOLDINGS CO closes at or above $114.40 on 17-Mar-2023. Based on our risk-neutral analysis, there is a 51.71% 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 -7.1% move in INTUITIVE SURGICAL $ISRG

Quantchabot has detected a promising Bear Call Spread trade opportunity for INTUITIVE SURGICAL (ISRG) for the 17-Mar-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ISRG was recently trading at $239.63 and has an implied volatility of 29.82% for this period. Based on an analysis of the options available for ISRG expiring on 17-Mar-2023, there is a 34.19% likelihood that the underlying will close within the analyzed range of $215.65-$241.28 at expiration. In this scenario, the average linear return for the trade would be 17.62%.

Big -7.11% Change: After closing the last trading session at $257.98, INTUITIVE SURGICAL opened today at $241.09 and has reached a low of $238.84.

Trade approach: A movement as big as -7.11% is a significantly bearish indicator, so this trade is designed to be profitable if ISRG maintains its current direction and does not revert back to pricing on the bullish side of $239.63 on 17-Mar-2023. 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 INTUITIVE SURGICAL closes at or below $241.35 on 17-Mar-2023. Based on our risk-neutral analysis, there is a 50.12% 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: MARATHON DIGITAL HOLDINGS INC $MARA trading at a 14.72% discount for the 17-Jan-2025 expiration

Quantchabot has detected a promising Synthetic Long Stock trade opportunity for MARATHON DIGITAL HOLDINGS INC (MARA) for the 17-Jan-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MARA was recently trading at $8.15 and has an implied volatility of 122.97% for this period. Based on an analysis of the options available for MARA expiring on 17-Jan-2025, there is a 68.28% likelihood that the underlying will close within the analyzed range of $1.59-$50.65 at expiration. In this scenario, the average linear return for the trade would be 125.95%.

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 $7.50, which is already $0.65 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 $0.55 per share. The final position can be considered as having a discount of $1.20 per share over the underlying price of $8.15 for a 14.72% 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 SUNPOWER $SPWR

Quantchabot has detected a promising Covered Put trade opportunity for SUNPOWER (SPWR) for the 17-Jan-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SPWR was recently trading at $15.32 and has an implied volatility of 65.80% for this period. Based on an analysis of the options available for SPWR expiring on 17-Jan-2025, there is a 30.02% likelihood that the underlying will close within the analyzed range of $6.67-$15.32 at expiration. In this scenario, the average linear return for the trade would be 609.52%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, SUNPOWER 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 SPWR 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 SUNPOWER closed at or below $22.56 on 17-Jan-2025. Based on our analysis, there is a 62.35% 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 CROWDSTRIKE HOLDINGS INC. CLASS A $CRWD

Quantchabot has detected a promising Covered Put trade opportunity for CROWDSTRIKE HOLDINGS INC. CLASS A (CRWD) for the 17-Jan-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CRWD was recently trading at $97.65 and has an implied volatility of 51.93% for this period. Based on an analysis of the options available for CRWD expiring on 17-Jan-2025, there is a 28.95% likelihood that the underlying will close within the analyzed range of $51.70-$97.65 at expiration. In this scenario, the average linear return for the trade would be 283.14%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, CROWDSTRIKE HOLDINGS INC. CLASS A 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 CRWD 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 CROWDSTRIKE HOLDINGS INC. CLASS A closed at or below $143.48 on 17-Jan-2025. Based on our analysis, there is a 65.39% 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 TEXAS INSTRUMENTS $TXN

Quantchabot has detected a promising Bear Call Spread trade opportunity for TEXAS INSTRUMENTS (TXN) for the 21-Apr-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

TXN was recently trading at $172.56 and has an implied volatility of 26.87% for this period. Based on an analysis of the options available for TXN expiring on 21-Apr-2023, there is a 32.85% likelihood that the underlying will close within the analyzed range of $152.02-$172.55 at expiration. In this scenario, the average linear return for the trade would be 96.14%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, TEXAS INSTRUMENTS 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 TXN 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 TEXAS INSTRUMENTS closed at or below $172.55 on 21-Apr-2023. Based on our analysis, there is a 48.69% 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.

Covered Call Alert: ON HOLDING AG $ONON returning up to 19.74% through 21-Jul-2023

Quantchabot has detected a promising Covered Call trade opportunity for ON HOLDING AG (ONON) for the 21-Jul-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ONON was recently trading at $21.53 and has an implied volatility of 51.56% for this period. Based on an analysis of the options available for ONON expiring on 21-Jul-2023, there is a 68.30% likelihood that the underlying will close within the analyzed range of $15.38-$31.59 at expiration. In this scenario, the average linear return for the trade would be 10.02%.

Moneyness: These options are currently 4.51% out of the money and there is a 47.68% likelihood that these options will be exercised before or at expiration.

Most upside: If ON HOLDING AG closes at or above $22.50, this trade could return up to 19.74%. Based on our analysis, there is a 47.72% 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 32.86% chance the underlying will close at or below its breakeven price of $18.79, 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.

StockTwits Trending Alert: Trading recent interest in CVS HEALTH CORP $CVS

Quantchabot has detected a promising Bear Put Spread trade opportunity for CVS HEALTH CORP (CVS) for the 18-Aug-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CVS was recently trading at $85.39 and has an implied volatility of 23.81% for this period. Based on an analysis of the options available for CVS expiring on 18-Aug-2023, there is a 27.92% likelihood that the underlying will close within the analyzed range of $73.44-$85.38 at expiration. In this scenario, the average linear return for the trade would be 100.33%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, CVS HEALTH CORP 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 CVS 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 CVS HEALTH CORP closed at or below $86.45 on 18-Aug-2023. Based on our analysis, there is a 46.52% 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.

Covered Call Alert: ALIGN TECHNOLOGY $ALGN returning up to 22.51% through 21-Jul-2023

Quantchabot has detected a promising Covered Call trade opportunity for ALIGN TECHNOLOGY (ALGN) for the 21-Jul-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

ALGN was recently trading at $247.24 and has an implied volatility of 51.15% for this period. Based on an analysis of the options available for ALGN expiring on 21-Jul-2023, there is a 68.30% likelihood that the underlying will close within the analyzed range of $177.13-$361.72 at expiration. In this scenario, the average linear return for the trade would be 10.11%.

Moneyness: These options are currently 9.24% out of the money and there is a 42.65% likelihood that these options will be exercised before or at expiration.

Most upside: If ALIGN TECHNOLOGY closes at or above $270.00, this trade could return up to 22.51%. Based on our analysis, there is a 42.82% 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 34.90% chance the underlying will close at or below its breakeven price of $220.39, 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.

StockTwits Trending Alert: Trading recent interest in LOCKHEED MARTIN $LMT

Quantchabot has detected a promising Bear Put Spread trade opportunity for LOCKHEED MARTIN (LMT) for the 19-Jan-2024 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LMT was recently trading at $453.64 and has an implied volatility of 22.78% for this period. Based on an analysis of the options available for LMT expiring on 19-Jan-2024, there is a 25.59% likelihood that the underlying will close within the analyzed range of $379.94-$453.64 at expiration. In this scenario, the average linear return for the trade would be 100.98%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, LOCKHEED MARTIN 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 LMT 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 LOCKHEED MARTIN closed at or below $453.90 on 19-Jan-2024. Based on our analysis, there is a 41.54% 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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