52-Week High Alert: Trading today’s movement in STRAYER EDUCATION $STRA

Quantchabot has detected a promising Bull Call Spread trade opportunity for STRAYER EDUCATION (STRA) for the 17-Feb-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

STRA was recently trading at $92.30 and has an implied volatility of 33.75% for this period. Based on an analysis of the options available for STRA expiring on 17-Feb-2023, there is a 34.24% likelihood that the underlying will close within the analyzed range of $92.59-$100.91 at expiration. In this scenario, the average linear return for the trade would be 17.52%.

52 week high: STRAYER EDUCATION recently reached a new 52-week high at $92.50. STRA had traded in the range $48.01-$89.96 over the past year.

Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if STRA maintains its current direction and does not revert back to pricing on the bearish side of $92.30 on 17-Feb-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 STRAYER EDUCATION closes at or above $92.40 on 17-Feb-2023. Based on our risk-neutral analysis, there is a 50.94% 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.