Quantchabot has detected a new Bull Call Spread trade opportunity for OKLO INC (OKLO) for the 7-Feb-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
OKLO was recently trading at $31.39 and has an implied volatility of 127.68% for this period. Based on an analysis of the options available for OKLO expiring on 7-Feb-2025, there is a 34.21% likelihood that the underlying will close within the analyzed range of $31.52-$46.19 at expiration. In this scenario, the average linear return for the trade would be 12.68%.
Big 15.19% Change: After closing the last trading session at $27.25, OKLO INC opened today at $27.46 and has reached a high of $31.66.
Trade approach: A movement as big as 15.19% is a significantly bullish indicator, so this trade is designed to be profitable if OKLO maintains its current direction and does not revert back to pricing on the bearish side of $31.39 on 7-Feb-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 OKLO INC closes at or above $24.65 on 7-Feb-2025. Based on our risk-neutral analysis, there is a 74.06% 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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