Quantchabot has detected a new Secured Put trade opportunity for TANGO THERAPEUTICS INC. (TNGX) for the 17-Oct-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
TNGX was recently trading at $7.33 and has an implied volatility of 211.06% for this period. Based on an analysis of the options available for TNGX expiring on 17-Oct-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $7.36-$13.70 at expiration. In this scenario, the average linear return for the trade would be 25.69%.
Big 7.55% Change: After closing the last trading session at $6.82, TANGO THERAPEUTICS INC. opened today at $6.85 and has reached a high of $7.36.
Trade approach: A movement as big as 7.55% is a significantly bullish indicator, so this trade is designed to be profitable if TNGX maintains its current direction and does not revert back to pricing on the bearish side of $7.33 on 17-Oct-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 TANGO THERAPEUTICS INC. closes at or above $6.90 on 17-Oct-2025. Based on our risk-neutral analysis, there is a 54.17% 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.
Leave a Reply
You must be logged in to post a comment.