Quantchabot has detected a new Long Call trade opportunity for ATMOS ENERGY (ATO) for the 17-Apr-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ATO was recently trading at $159.09 and has an implied volatility of 41.68% for this period. Based on an analysis of the options available for ATO expiring on 17-Apr-2025, there is a 37.94% likelihood that the underlying will close within the analyzed range of $159.10-$161.84 at expiration. In this scenario, the average linear return for the trade would be 15.07%.
52 week high: ATMOS ENERGY recently reached a new 52-week high at $159.20. ATO had traded in the range $110.97-$157.62 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 ATO maintains its current direction and does not revert back to pricing on the bearish side of $159.09 on 17-Apr-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 ATMOS ENERGY closes at or above $159.00 on 17-Apr-2025. Based on our risk-neutral analysis, there is a 51.70% 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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