Quantchabot has detected a new Bull Call Spread trade opportunity for MONDAY.COM LTD. ORDINARY SHARES (MNDY) for the 16-May-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
MNDY was recently trading at $260.51 and has an implied volatility of 66.93% for this period. Based on an analysis of the options available for MNDY expiring on 16-May-2025, there is a 34.18% likelihood that the underlying will close within the analyzed range of $261.98-$331.86 at expiration. In this scenario, the average linear return for the trade would be 12.45%.
Big 7.14% Change: After closing the last trading session at $243.16, MONDAY.COM LTD. ORDINARY SHARES opened today at $243.87 and has reached a high of $261.23.
Trade approach: A movement as big as 7.14% is a significantly bullish indicator, so this trade is designed to be profitable if MNDY maintains its current direction and does not revert back to pricing on the bearish side of $260.51 on 16-May-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 MONDAY.COM LTD. ORDINARY SHARES closes at or above $234.50 on 16-May-2025. Based on our risk-neutral analysis, there is a 68.06% 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.