Quantchabot has detected a new Bull Call Spread trade opportunity for FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTO (FTAI) for the 17-Jan-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
FTAI was recently trading at $179.20 and has an implied volatility of 52.32% for this period. Based on an analysis of the options available for FTAI expiring on 17-Jan-2025, there is a 34.46% likelihood that the underlying will close within the analyzed range of $179.37-$193.57 at expiration. In this scenario, the average linear return for the trade would be 10.01%.
52 week high: FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTO recently reached a new 52-week high at $179.80. FTAI had traded in the range $46.20-$177.18 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 FTAI maintains its current direction and does not revert back to pricing on the bearish side of $179.20 on 17-Jan-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 FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTO closes at or above $178.60 on 17-Jan-2025. Based on our risk-neutral analysis, there is a 52.28% 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.
Leave a Reply
You must be logged in to post a comment.