52-Week High Alert: Trading today’s movement in INARI MEDICAL INC. $NARI

Quantchabot has detected a new Long Call trade opportunity for INARI MEDICAL INC. (NARI) for the 21-Feb-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

NARI was recently trading at $79.84 and has an implied volatility of 44.82% for this period. Based on an analysis of the options available for NARI expiring on 21-Feb-2025, there is a 34.27% likelihood that the underlying will close within the analyzed range of $80.02-$88.33 at expiration. In this scenario, the average linear return for the trade would be 10.79%.

52 week high: INARI MEDICAL INC. recently reached a new 52-week high at $79.89. NARI had traded in the range $36.73-$79.76 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 NARI maintains its current direction and does not revert back to pricing on the bearish side of $79.84 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 INARI MEDICAL INC. closes at or above $80.00 on 21-Feb-2025. Based on our risk-neutral analysis, there is a 50.08% 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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