Big Gainer Alert: Trading today’s 7.6% move in GOL INTELLIGENT AIRLINES $GOL

Quantchabot has detected a promising Covered Call trade opportunity for GOL INTELLIGENT AIRLINES (GOL) for the 15-Jul-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

GOL was recently trading at $3.95 and has an implied volatility of 370.09% for this period. Based on an analysis of the options available for GOL expiring on 15-Jul-2022, there is a 34.20% likelihood that the underlying will close within the analyzed range of $3.95-$11.57 at expiration. In this scenario, the average linear return for the trade would be 24.09%.

Big 7.63% Change: After closing the last trading session at $3.67, GOL INTELLIGENT AIRLINES opened today at $3.81 and has reached a high of $3.96.

Trade approach: A movement as big as 7.63% is a significantly bullish indicator, so this trade is designed to be profitable if GOL maintains its current direction and does not revert back to pricing on the bearish side of $3.95 on 15-Jul-2022. 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 GOL INTELLIGENT AIRLINES closes at or above $3.91 on 15-Jul-2022. Based on our risk-neutral analysis, there is a 50.42% 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.