Quantchabot has detected a new Bull Call Spread trade opportunity for ALLSTATE (ALL) for the 17-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ALL was recently trading at $255.15 and has an implied volatility of 26.90% for this period. Based on an analysis of the options available for ALL expiring on 17-Jul-2026, there is a 34.32% likelihood that the underlying will close within the analyzed range of $255.43-$267.49 at expiration. In this scenario, the average linear return for the trade would be 12.14%.
52 week high: ALLSTATE recently reached a new 52-week high at $255.15. ALL had traded in the range $188.08-$250.38 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 ALL maintains its current direction and does not revert back to pricing on the bearish side of $255.15 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 ALLSTATE closes at or above $254.75 on 17-Jul-2026. Based on our risk-neutral analysis, there is a 52.31% 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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