Quantchabot has detected a new Covered Call trade opportunity for CELLDEX THERAPEUTICS (CLDX) for the 17-Apr-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CLDX was recently trading at $31.02 and has an implied volatility of 64.19% for this period. Based on an analysis of the options available for CLDX expiring on 17-Apr-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $31.15-$38.37 at expiration. In this scenario, the average linear return for the trade would be 12.33%.
52 week high: CELLDEX THERAPEUTICS recently reached a new 52-week high at $31.99. CLDX had traded in the range $14.40-$31.31 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 CLDX maintains its current direction and does not revert back to pricing on the bearish side of $31.02 on 17-Apr-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 CELLDEX THERAPEUTICS closes at or above $30.57 on 17-Apr-2026. Based on our risk-neutral analysis, there is a 53.57% 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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