Quantchabot has detected a new Bull Call Spread trade opportunity for COPART (CPRT) for the 21-Aug-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CPRT was recently trading at $31.57 and has an implied volatility of 37.24% for this period. Based on an analysis of the options available for CPRT expiring on 21-Aug-2026, there is a 34.40% likelihood that the underlying will close within the analyzed range of $31.60-$33.34 at expiration. In this scenario, the average linear return for the trade would be 11.18%.
Big 7.43% Change: After closing the last trading session at $29.39, COPART opened today at $29.70 and has reached a high of $31.63.
Trade approach: A movement as big as 7.43% is a significantly bullish indicator, so this trade is designed to be profitable if CPRT maintains its current direction and does not revert back to pricing on the bearish side of $31.57 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 COPART closes at or above $31.50 on 21-Aug-2026. Based on our risk-neutral analysis, there is a 52.38% 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.