Quantchabot has detected a new Covered Call trade opportunity for EVE HOLDING INC (EVEX) for the 18-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
EVEX was recently trading at $6.43 and has an implied volatility of 95.50% for this period. Based on an analysis of the options available for EVEX expiring on 18-Jul-2025, there is a 34.23% likelihood that the underlying will close within the analyzed range of $6.45-$8.14 at expiration. In this scenario, the average linear return for the trade would be 11.10%.
Big 8.43% Change: After closing the last trading session at $5.93, EVE HOLDING INC opened today at $6.19 and has reached a high of $6.59.
Trade approach: A movement as big as 8.43% is a significantly bullish indicator, so this trade is designed to be profitable if EVEX maintains its current direction and does not revert back to pricing on the bearish side of $6.43 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 EVE HOLDING INC closes at or above $6.39 on 18-Jul-2025. Based on our risk-neutral analysis, there is a 51.50% 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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