Quantchabot has detected a new Bull Call Spread trade opportunity for HEWLETT-PACKARD (HPQ) for the 21-Aug-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
HPQ was recently trading at $29.86 and has an implied volatility of 48.19% for this period. Based on an analysis of the options available for HPQ expiring on 21-Aug-2026, there is a 34.27% likelihood that the underlying will close within the analyzed range of $29.91-$32.93 at expiration. In this scenario, the average linear return for the trade would be 10.48%.
52 week high: HEWLETT-PACKARD recently reached a new 52-week high at $29.86. HPQ had traded in the range $17.56-$29.65 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 HPQ maintains its current direction and does not revert back to pricing on the bearish side of $29.86 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 HEWLETT-PACKARD closes at or above $29.63 on 21-Aug-2026. Based on our risk-neutral analysis, there is a 53.85% 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.