Quantchabot has detected a new Covered Call trade opportunity for 17 EDUCATION & TECHNOLOGY GROUP INC. ADS (YQ) for the 16-May-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
YQ was recently trading at $1.94 and has an implied volatility of 181.03% for this period. Based on an analysis of the options available for YQ expiring on 16-May-2025, there is a 34.23% likelihood that the underlying will close within the analyzed range of $1.95-$3.02 at expiration. In this scenario, the average linear return for the trade would be 21.59%.
Big 7.18% Change: After closing the last trading session at $1.81, 17 EDUCATION & TECHNOLOGY GROUP INC. ADS opened today at $1.96 and has reached a high of $1.96.
Trade approach: A movement as big as 7.18% is a significantly bullish indicator, so this trade is designed to be profitable if YQ maintains its current direction and does not revert back to pricing on the bearish side of $1.94 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 17 EDUCATION & TECHNOLOGY GROUP INC. ADS closes at or above $1.90 on 16-May-2025. Based on our risk-neutral analysis, there is a 52.13% 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.