Quantchabot has detected a new Bull Call Spread trade opportunity for TAKE-TWO INTERACTIVE SFTW (TTWO) for the 9-May-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
TTWO was recently trading at $220.31 and has an implied volatility of 31.81% for this period. Based on an analysis of the options available for TTWO expiring on 9-May-2025, there is a 34.26% likelihood that the underlying will close within the analyzed range of $220.73-$235.80 at expiration. In this scenario, the average linear return for the trade would be 11.41%.
52 week high: TAKE-TWO INTERACTIVE SFTW recently reached a new 52-week high at $221.22. TTWO had traded in the range $135.24-$220.93 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 TTWO maintains its current direction and does not revert back to pricing on the bearish side of $220.31 on 9-May-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 TAKE-TWO INTERACTIVE SFTW closes at or above $220.00 on 9-May-2025. Based on our risk-neutral analysis, there is a 52.00% 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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