52-Week High Alert: Trading today’s movement in SONY CORPORATION $SONY

Quantchabot has detected a new Bull Call Spread trade opportunity for SONY CORPORATION (SONY) for the 7-Feb-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SONY was recently trading at $22.77 and has an implied volatility of 27.12% for this period. Based on an analysis of the options available for SONY expiring on 7-Feb-2025, there is a 35.07% likelihood that the underlying will close within the analyzed range of $22.78-$23.32 at expiration. In this scenario, the average linear return for the trade would be 15.65%.

52 week high: SONY CORPORATION recently reached a new 52-week high at $22.86. SONY had traded in the range $15.02-$22.71 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 SONY maintains its current direction and does not revert back to pricing on the bearish side of $22.77 on 7-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 SONY CORPORATION closes at or above $22.75 on 7-Feb-2025. Based on our risk-neutral analysis, there is a 52.08% 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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