Quantchabot has detected a new Bull Call Spread trade opportunity for BANCO BBVA ARGENTINA SA (BBAR) for the 21-Feb-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
BBAR was recently trading at $23.91 and has an implied volatility of 61.63% for this period. Based on an analysis of the options available for BBAR expiring on 21-Feb-2025, there is a 34.19% likelihood that the underlying will close within the analyzed range of $24.05-$29.98 at expiration. In this scenario, the average linear return for the trade would be 12.90%.
Big 7.43% Change: After closing the last trading session at $22.26, BANCO BBVA ARGENTINA SA opened today at $23.21 and has reached a high of $24.29.
Trade approach: A movement as big as 7.43% is a significantly bullish indicator, so this trade is designed to be profitable if BBAR maintains its current direction and does not revert back to pricing on the bearish side of $23.91 on 21-Feb-2025. 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 BANCO BBVA ARGENTINA SA closes at or above $22.40 on 21-Feb-2025. Based on our risk-neutral analysis, there is a 62.71% 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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