Quantchabot has detected a new Covered Call trade opportunity for IOVANCE BIOTHERAPEUTICS INC. (IOVA) for the 30-Jan-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
IOVA was recently trading at $2.48 and has an implied volatility of 143.61% for this period. Based on an analysis of the options available for IOVA expiring on 30-Jan-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $2.49-$4.12 at expiration. In this scenario, the average linear return for the trade would be 11.60%.
Big 10.23% Change: After closing the last trading session at $2.25, IOVANCE BIOTHERAPEUTICS INC. opened today at $2.26 and has reached a high of $2.50.
Trade approach: A movement as big as 10.23% is a significantly bullish indicator, so this trade is designed to be profitable if IOVA maintains its current direction and does not revert back to pricing on the bearish side of $2.48 on 30-Jan-2026. 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 IOVANCE BIOTHERAPEUTICS INC. closes at or above $2.24 on 30-Jan-2026. Based on our risk-neutral analysis, there is a 58.40% 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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