Quantchabot has detected a new Bull Call Spread trade opportunity for PAR PACIFIC HLDGS INC (PARR) for the 16-Oct-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PARR was recently trading at $86.51 and has an implied volatility of 58.89% for this period. Based on an analysis of the options available for PARR expiring on 16-Oct-2026, there is a 34.33% likelihood that the underlying will close within the analyzed range of $86.61-$95.74 at expiration. In this scenario, the average linear return for the trade would be 10.44%.
52 week high: PAR PACIFIC HLDGS INC recently reached a new 52-week high at $88.83. PARR had traded in the range $33.21-$87.72 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 PARR maintains its current direction and does not revert back to pricing on the bearish side of $86.51 on 16-Oct-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 PAR PACIFIC HLDGS INC closes at or above $86.00 on 16-Oct-2026. Based on our risk-neutral analysis, there is a 52.84% 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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