Quantchabot has detected a new Bull Call Spread trade opportunity for ENOVIX CORP (ENVX) for the 25-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ENVX was recently trading at $9.74 and has an implied volatility of 85.17% for this period. Based on an analysis of the options available for ENVX expiring on 25-Jul-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $9.78-$12.47 at expiration. In this scenario, the average linear return for the trade would be 12.17%.
Big 11.75% Change: After closing the last trading session at $8.72, ENOVIX CORP opened today at $8.77 and has reached a high of $9.74.
Trade approach: A movement as big as 11.75% is a significantly bullish indicator, so this trade is designed to be profitable if ENVX maintains its current direction and does not revert back to pricing on the bearish side of $9.74 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 ENOVIX CORP closes at or above $9.12 on 25-Jul-2025. Based on our risk-neutral analysis, there is a 61.34% 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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