Quantchabot has detected a new Bull Call Spread trade opportunity for MODINE MANUFACTURING (MOD) for the 15-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
MOD was recently trading at $262.26 and has an implied volatility of 73.54% for this period. Based on an analysis of the options available for MOD expiring on 15-May-2026, there is a 34.27% likelihood that the underlying will close within the analyzed range of $262.66-$304.42 at expiration. In this scenario, the average linear return for the trade would be 10.02%.
52 week high: MODINE MANUFACTURING recently reached a new 52-week high at $265.00. MOD had traded in the range $77.28-$260.01 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 MOD maintains its current direction and does not revert back to pricing on the bearish side of $262.26 on 15-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 MODINE MANUFACTURING closes at or above $256.40 on 15-May-2026. Based on our risk-neutral analysis, there is a 56.53% 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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