Quantchabot has detected a new Bull Call Spread trade opportunity for DYCOM INDUSTRIES (DY) for the 20-Nov-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
DY was recently trading at $293.66 and has an implied volatility of 50.52% for this period. Based on an analysis of the options available for DY expiring on 20-Nov-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $295.18-$352.89 at expiration. In this scenario, the average linear return for the trade would be 16.04%.
Big 7.02% Change: After closing the last trading session at $274.41, DYCOM INDUSTRIES opened today at $276.87 and has reached a high of $293.85.
Trade approach: A movement as big as 7.02% is a significantly bullish indicator, so this trade is designed to be profitable if DY maintains its current direction and does not revert back to pricing on the bearish side of $293.66 on 20-Nov-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 DYCOM INDUSTRIES closes at or above $280.40 on 20-Nov-2026. Based on our risk-neutral analysis, there is a 61.34% 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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