Quantchabot has detected a new Bull Call Spread trade opportunity for SERVICENOW (NOW) for the 17-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
NOW was recently trading at $120.17 and has an implied volatility of 61.19% for this period. Based on an analysis of the options available for NOW expiring on 17-Jul-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $120.79-$151.40 at expiration. In this scenario, the average linear return for the trade would be 12.60%.
Big 10.52% Change: After closing the last trading session at $108.73, SERVICENOW opened today at $118.48 and has reached a high of $120.29.
Trade approach: A movement as big as 10.52% is a significantly bullish indicator, so this trade is designed to be profitable if NOW maintains its current direction and does not revert back to pricing on the bearish side of $120.17 on 17-Jul-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 SERVICENOW closes at or above $115.70 on 17-Jul-2026. Based on our risk-neutral analysis, there is a 57.57% 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.
Leave a Reply
You must be logged in to post a comment.