The automated Quantcha Trade Ideas Service has detected a promising Short Risk Reversal trade opportunity for JUNO THERAPEUTICS INC. COMMON (JUNO) for the 15-Sep-2017 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

JUNO was recently trading at $41.00 and has an implied volatility of 64.22% for this period. Based on an analysis of the options available for JUNO expiring on 15-Sep-2017, there is a 33.40% likelihood that the underlying will close within the analyzed range of $35.43-$40.95 at expiration. In this scenario, the average linear return for the trade would be 32.18%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, JUNO THERAPEUTICS INC. COMMON 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 JUNO 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 JUNO THERAPEUTICS INC. COMMON closed at or below $41.35 on 15-Sep-2017. Based on our analysis, there is a 51.93% 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.