Quantchabot has detected a new Bull Call Spread trade opportunity for ALTIMMUNE INC. COMMON STOCK (ALT) for the 9-May-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ALT was recently trading at $5.86 and has an implied volatility of 180.23% for this period. Based on an analysis of the options available for ALT expiring on 9-May-2025, there is a 35.52% likelihood that the underlying will close within the analyzed range of $5.86-$6.59 at expiration. In this scenario, the average linear return for the trade would be 18.63%.
Big 9.33% Change: After closing the last trading session at $5.36, ALTIMMUNE INC. COMMON STOCK opened today at $5.50 and has reached a high of $5.87.
Trade approach: A movement as big as 9.33% is a significantly bullish indicator, so this trade is designed to be profitable if ALT maintains its current direction and does not revert back to pricing on the bearish side of $5.86 on 9-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 ALTIMMUNE INC. COMMON STOCK closes at or above $5.75 on 9-May-2025. Based on our risk-neutral analysis, there is a 56.84% 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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