Quantchabot has detected a promising Bull Call Spread trade opportunity for HUBSPOT INC (HUBS) for the 23-Jun-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
HUBS was recently trading at $456.75 and has an implied volatility of 42.13% for this period. Based on an analysis of the options available for HUBS expiring on 23-Jun-2023, there is a 34.17% likelihood that the underlying will close within the analyzed range of $459.81-$538.02 at expiration. In this scenario, the average linear return for the trade would be 11.76%.
Big 9.27% Change: After closing the last trading session at $417.99, HUBSPOT INC opened today at $451.63 and has reached a high of $460.00.
Trade approach: A movement as big as 9.27% is a significantly bullish indicator, so this trade is designed to be profitable if HUBS maintains its current direction and does not revert back to pricing on the bearish side of $456.75 on 23-Jun-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 HUBSPOT INC closes at or above $430.00 on 23-Jun-2023. Based on our risk-neutral analysis, there is a 66.54% 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.
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