Big Gainer Alert: Trading today’s 7.4% move in FIVERR INTERNATIONAL LTD $FVRR

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Quantchabot has detected a promising Bull Call Spread trade opportunity for FIVERR INTERNATIONAL LTD (FVRR) for the 15-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

FVRR was recently trading at $193.80 and has an implied volatility of 56.55% for this period. Based on an analysis of the options available for FVRR expiring on 15-Oct-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $193.81-$229.32 at expiration. In this scenario, the average linear return for the trade would be 78.57%.

Big 7.39% Change: After closing the last trading session at $180.47, FIVERR INTERNATIONAL LTD opened today at $180.00 and has reached a high of $194.00.

Trade approach: A movement as big as 7.39% is a significantly bullish indicator, so this trade is designed to be profitable if FVRR maintains its current direction and does not revert back to pricing on the bearish side of $193.80 on 15-Oct-2021. 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 FIVERR INTERNATIONAL LTD closes at or above $193.00 on 15-Oct-2021. Based on our risk-neutral analysis, there is a 51.00% 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.