Quantchabot has detected a new Bull Call Spread trade opportunity for ASML HOLDING (ASML) for the 24-Jan-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ASML was recently trading at $777.65 and has an implied volatility of 36.83% for this period. Based on an analysis of the options available for ASML expiring on 24-Jan-2025, there is a 34.27% likelihood that the underlying will close within the analyzed range of $779.46-$847.24 at expiration. In this scenario, the average linear return for the trade would be 10.06%.
Big 8.86% Change: After closing the last trading session at $714.36, ASML HOLDING opened today at $751.06 and has reached a high of $779.95.
Trade approach: A movement as big as 8.86% is a significantly bullish indicator, so this trade is designed to be profitable if ASML maintains its current direction and does not revert back to pricing on the bearish side of $777.65 on 24-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 ASML HOLDING closes at or above $772.61 on 24-Jan-2025. Based on our risk-neutral analysis, there is a 54.23% 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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