StockTwits Trending Alert: Trading recent interest in SAILPOINT TECHNOLOGIES HOLDINGS INC
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SAIL was recently trading at $59.13 and has an implied volatility of 46.68% for this period. Based on an analysis of the options available for SAIL expiring on 19-Feb-2021, there is a 34.15% likelihood that the underlying will close within the analyzed range of $59.13-$64.41 at expiration. In this scenario, the average linear return for the trade would be 44.35%.
Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site,
Trade approach: The recent sentiment change in SAIL 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 SAILPOINT TECHNOLOGIES HOLDINGS INC closed at or above $58.40 on 19-Feb-2021. Based on our analysis, there is a 55.80% 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.
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