Big Gainer Alert: Trading today’s 26.1% move in LANTHEUS HOLDINGS INC. COMMON STOCK $LNTH

Quantchabot has detected a new Bull Call Spread trade opportunity for LANTHEUS HOLDINGS INC. COMMON STOCK (LNTH) for the 19-Jul-2024 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

LNTH was recently trading at $98.00 and has an implied volatility of 68.63% for this period. Based on an analysis of the options available for LNTH expiring on 19-Jul-2024, there is a 34.34% likelihood that the underlying will close within the analyzed range of $98.15-$109.78 at expiration. In this scenario, the average linear return for the trade would be 10.52%.

Big 26.13% Change: After closing the last trading session at $77.70, LANTHEUS HOLDINGS INC. COMMON STOCK opened today at $95.04 and has reached a high of $100.80.

Trade approach: A movement as big as 26.13% is a significantly bullish indicator, so this trade is designed to be profitable if LNTH maintains its current direction and does not revert back to pricing on the bearish side of $98.00 on 19-Jul-2024. 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 LANTHEUS HOLDINGS INC. COMMON STOCK closes at or above $97.85 on 19-Jul-2024. Based on our risk-neutral analysis, there is a 51.08% 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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