52-Week Low Alert: Trading today’s movement in BIONTECH SE $BNTX

Quantchabot has detected a promising Bear Call Spread trade opportunity for BIONTECH SE (BNTX) for the 29-Jul-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

BNTX was recently trading at $123.91 and has an implied volatility of 69.41% for this period. Based on an analysis of the options available for BNTX expiring on 29-Jul-2022, there is a 34.19% likelihood that the underlying will close within the analyzed range of $99.26-$124.04 at expiration. In this scenario, the average linear return for the trade would be 31.72%.

52 week low: BIONTECH SE recently reached a new 52-week low at $117.08. BNTX had traded in the range $121.32-$464.00 over the past year.

Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if BNTX maintains its current direction and does not revert back to pricing on the bullish side of $123.91 on 29-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 bearish strategy, the trade would be profitable if BIONTECH SE closes at or below $124.15 on 29-Jul-2022. Based on our risk-neutral analysis, there is a 50.16% 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.