Quantchabot has detected a new Bull Call Spread trade opportunity for PAGERDUTY INC (PD) for the 15-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PD was recently trading at $7.14 and has an implied volatility of 67.98% for this period. Based on an analysis of the options available for PD expiring on 15-May-2026, there is a 34.27% likelihood that the underlying will close within the analyzed range of $7.16-$8.20 at expiration. In this scenario, the average linear return for the trade would be 18.48%.
Big 7.44% Change: After closing the last trading session at $6.65, PAGERDUTY INC opened today at $6.88 and has reached a high of $7.16.
Trade approach: A movement as big as 7.44% is a significantly bullish indicator, so this trade is designed to be profitable if PD maintains its current direction and does not revert back to pricing on the bearish side of $7.14 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 PAGERDUTY INC closes at or above $7.05 on 15-May-2026. Based on our risk-neutral analysis, there is a 54.39% 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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