Quantchabot has detected a new Bull Call Spread trade opportunity for HELMERICH & PAYNE (HP) for the 18-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
HP was recently trading at $19.04 and has an implied volatility of 59.96% for this period. Based on an analysis of the options available for HP expiring on 18-Jul-2025, there is a 34.19% likelihood that the underlying will close within the analyzed range of $19.13-$23.25 at expiration. In this scenario, the average linear return for the trade would be 13.58%.
Big 8.12% Change: After closing the last trading session at $17.61, HELMERICH & PAYNE opened today at $17.80 and has reached a high of $19.20.
Trade approach: A movement as big as 8.12% is a significantly bullish indicator, so this trade is designed to be profitable if HP maintains its current direction and does not revert back to pricing on the bearish side of $19.04 on 18-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 HELMERICH & PAYNE closes at or above $18.40 on 18-Jul-2025. Based on our risk-neutral analysis, there is a 57.90% 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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