Quantchabot has detected a promising Bull Call Spread trade opportunity for UNIQURE N.V. ORDINARY SHARES (QURE) for the 20-Jan-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
QURE was recently trading at $25.21 and has an implied volatility of 61.87% for this period. Based on an analysis of the options available for QURE expiring on 20-Jan-2023, there is a 34.18% likelihood that the underlying will close within the analyzed range of $25.37-$32.52 at expiration. In this scenario, the average linear return for the trade would be 13.19%.
Big 9.61% Change: After closing the last trading session at $23.00, UNIQURE N.V. ORDINARY SHARES opened today at $23.76 and has reached a high of $25.29.
Trade approach: A movement as big as 9.61% is a significantly bullish indicator, so this trade is designed to be profitable if QURE maintains its current direction and does not revert back to pricing on the bearish side of $25.21 on 20-Jan-2023. 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 UNIQURE N.V. ORDINARY SHARES closes at or above $25.20 on 20-Jan-2023. Based on our risk-neutral analysis, there is a 51.11% 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.