Send me real-time posts from this site at my email
Quantcha

Covered Call Alert: MODERNA INC. COMMON STOCK $MRNA returning up to 51.39% through 16-Apr-2021

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Covered Call trade opportunity for MODERNA INC. COMMON STOCK (MRNA) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

MRNA was recently trading at $70.40 and has an implied volatility of 93.25% for this period. Based on an analysis of the options available for MRNA expiring on 16-Apr-2021, there is a 68.27% likelihood that the underlying will close within the analyzed range of $37.20-$133.51 at expiration. In this scenario, the average linear return for the trade would be 16.52%.

Moneyness: These options are currently 27.85% out of the money and there is a 35.26% likelihood that these options will be exercised before or at expiration.

Most upside: If MODERNA INC. COMMON STOCK closes at or above $90.00, this trade could return up to 51.39%. Based on our analysis, there is a 35.09% 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 39.51% chance the underlying will close at or below its breakeven price of $59.45, 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.

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue