Quantchabot has detected a new Bull Call Spread trade opportunity for NEXTNAV INC. COMMON STOCK (NN) for the 8-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
NN was recently trading at $20.00 and has an implied volatility of 101.94% for this period. Based on an analysis of the options available for NN expiring on 8-May-2026, there is a 34.22% likelihood that the underlying will close within the analyzed range of $20.05-$25.85 at expiration. In this scenario, the average linear return for the trade would be 11.11%.
52 week high: NEXTNAV INC. COMMON STOCK recently reached a new 52-week high at $20.11. NN had traded in the range $10.84-$19.91 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 NN maintains its current direction and does not revert back to pricing on the bearish side of $20.00 on 8-May-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 NEXTNAV INC. COMMON STOCK closes at or above $19.40 on 8-May-2026. Based on our risk-neutral analysis, there is a 55.15% 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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