Quantchabot has detected a new Bull Call Spread trade opportunity for HUT 8 MINING CORP. COMMON SHARES (HUT) for the 25-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
HUT was recently trading at $18.39 and has an implied volatility of 81.84% for this period. Based on an analysis of the options available for HUT expiring on 25-Jul-2025, there is a 34.17% likelihood that the underlying will close within the analyzed range of $18.50-$25.01 at expiration. In this scenario, the average linear return for the trade would be 10.80%.
Big 12.68% Change: After closing the last trading session at $16.32, HUT 8 MINING CORP. COMMON SHARES opened today at $16.89 and has reached a high of $18.63.
Trade approach: A movement as big as 12.68% is a significantly bullish indicator, so this trade is designed to be profitable if HUT maintains its current direction and does not revert back to pricing on the bearish side of $18.39 on 25-Jul-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 HUT 8 MINING CORP. COMMON SHARES closes at or above $15.83 on 25-Jul-2025. Based on our risk-neutral analysis, there is a 69.75% 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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