Quantchabot has detected a new Bull Call Spread trade opportunity for CELLEBRITE DI LTD. ORDINARY SHARES (CLBT) for the 17-Jan-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CLBT was recently trading at $22.34 and has an implied volatility of 39.36% for this period. Based on an analysis of the options available for CLBT expiring on 17-Jan-2025, there is a 34.22% likelihood that the underlying will close within the analyzed range of $22.42-$25.03 at expiration. In this scenario, the average linear return for the trade would be 10.06%.
52 week high: CELLEBRITE DI LTD. ORDINARY SHARES recently reached a new 52-week high at $22.44. CLBT had traded in the range $7.91-$21.72 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 CLBT maintains its current direction and does not revert back to pricing on the bearish side of $22.34 on 17-Jan-2025. 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 CELLEBRITE DI LTD. ORDINARY SHARES closes at or above $22.35 on 17-Jan-2025. Based on our risk-neutral analysis, there is a 51.12% 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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