Quantchabot has detected a new Bull Call Spread trade opportunity for PAYMENTUS HOLDINGS INC (PAY) for the 17-Apr-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PAY was recently trading at $30.42 and has an implied volatility of 60.42% for this period. Based on an analysis of the options available for PAY expiring on 17-Apr-2025, there is a 34.19% likelihood that the underlying will close within the analyzed range of $30.56-$37.10 at expiration. In this scenario, the average linear return for the trade would be 10.87%.
Big 23.26% Change: After closing the last trading session at $24.68, PAYMENTUS HOLDINGS INC opened today at $25.15 and has reached a high of $31.13.
Trade approach: A movement as big as 23.26% is a significantly bullish indicator, so this trade is designed to be profitable if PAY maintains its current direction and does not revert back to pricing on the bearish side of $30.42 on 17-Apr-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 PAYMENTUS HOLDINGS INC closes at or above $30.00 on 17-Apr-2025. Based on our risk-neutral analysis, there is a 53.81% 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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