Quantchabot has detected a new Bull Call Spread trade opportunity for TOLL BROTHERS (TOL) for the 21-Aug-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
TOL was recently trading at $163.65 and has an implied volatility of 37.28% for this period. Based on an analysis of the options available for TOL expiring on 21-Aug-2026, there is a 34.17% likelihood that the underlying will close within the analyzed range of $164.37-$190.86 at expiration. In this scenario, the average linear return for the trade would be 10.91%.
Big 8.41% Change: After closing the last trading session at $150.96, TOLL BROTHERS opened today at $153.44 and has reached a high of $164.36.
Trade approach: A movement as big as 8.41% is a significantly bullish indicator, so this trade is designed to be profitable if TOL maintains its current direction and does not revert back to pricing on the bearish side of $163.65 on 21-Aug-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 TOLL BROTHERS closes at or above $154.10 on 21-Aug-2026. Based on our risk-neutral analysis, there is a 66.72% 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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