Quantchabot has detected a new Bull Call Spread trade opportunity for SOLENO THERAPEUTICS INC. COMMON STOCK (SLNO) for the 18-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
SLNO was recently trading at $85.14 and has an implied volatility of 61.56% for this period. Based on an analysis of the options available for SLNO expiring on 18-Jul-2025, there is a 34.22% likelihood that the underlying will close within the analyzed range of $85.36-$99.52 at expiration. In this scenario, the average linear return for the trade would be 11.48%.
52 week high: SOLENO THERAPEUTICS INC. COMMON STOCK recently reached a new 52-week high at $85.96. SLNO had traded in the range $36.93-$85.36 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if SLNO maintains its current direction and does not revert back to pricing on the bearish side of $85.14 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 SOLENO THERAPEUTICS INC. COMMON STOCK closes at or above $84.00 on 18-Jul-2025. Based on our risk-neutral analysis, there is a 54.19% 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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