Quantchabot has detected a promising Bull Call Spread trade opportunity for BIONTECH SE (BNTX) for the 4-Nov-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
BNTX was recently trading at $127.20 and has an implied volatility of 61.49% for this period. Based on an analysis of the options available for BNTX expiring on 4-Nov-2022, there is a 34.27% likelihood that the underlying will close within the analyzed range of $127.37-$144.12 at expiration. In this scenario, the average linear return for the trade would be 10.72%.
Big 7.41% Change: After closing the last trading session at $118.43, BIONTECH SE opened today at $122.00 and has reached a high of $127.76.
Trade approach: A movement as big as 7.41% is a significantly bullish indicator, so this trade is designed to be profitable if BNTX maintains its current direction and does not revert back to pricing on the bearish side of $127.20 on 4-Nov-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 BIONTECH SE closes at or above $125.40 on 4-Nov-2022. Based on our risk-neutral analysis, there is a 55.05% 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.