Quantchabot has detected a new Bull Call Spread trade opportunity for UP FINTECH HOLDING LTD ADS (15 CLASS A) (TIGR) for the 14-Mar-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
TIGR was recently trading at $7.21 and has an implied volatility of 79.48% for this period. Based on an analysis of the options available for TIGR expiring on 14-Mar-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $7.24-$9.38 at expiration. In this scenario, the average linear return for the trade would be 15.09%.
Big 7.61% Change: After closing the last trading session at $6.70, UP FINTECH HOLDING LTD ADS (15 CLASS A) opened today at $6.94 and has reached a high of $7.42.
Trade approach: A movement as big as 7.61% is a significantly bullish indicator, so this trade is designed to be profitable if TIGR maintains its current direction and does not revert back to pricing on the bearish side of $7.21 on 14-Mar-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 UP FINTECH HOLDING LTD ADS (15 CLASS A) closes at or above $6.76 on 14-Mar-2025. Based on our risk-neutral analysis, there is a 60.57% 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.