The automated Quantcha Trade Ideas Service has detected a promising trade opportunity for FIDELITY NATIONAL FINANCIAL IN () for the 15-Sep-2017 expiration period. You can analyze the opportunity in depth over at the .
FNF was recently trading at $47.68 and has an implied volatility of 13.58% for this period. Based on an analysis of the options available for FNF expiring on 15-Sep-2017, there is a 34.14% likelihood that the underlying will close within the analyzed range of $47.65-$50.25 at expiration. In this scenario, the average linear return for the trade would be 31.39%.
52 week high: FIDELITY NATIONAL FINANCIAL IN recently reached a new 52-week high at $47.78. FNF had traded in the range $31.64-$47.71 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 FNF maintains its current direction and does not revert back to pricing on the bearish side of $47.68 on 15-Sep-2017. 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 FIDELITY NATIONAL FINANCIAL IN closes at or above $47.50 on 15-Sep-2017. Based on our risk-neutral analysis, there is a 52.33% 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 .
This is an automated post generated based on a market analysis of delayed data at 7/27/2017 11:40:34 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.