Quantchabot has detected a new Bull Call Spread trade opportunity for CARPENTER TECHNOLOGY (CRS) for the 18-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CRS was recently trading at $237.88 and has an implied volatility of 43.71% for this period. Based on an analysis of the options available for CRS expiring on 18-Jul-2025, there is a 34.18% likelihood that the underlying will close within the analyzed range of $239.23-$279.65 at expiration. In this scenario, the average linear return for the trade would be 14.79%.
52 week high: CARPENTER TECHNOLOGY recently reached a new 52-week high at $240.00. CRS had traded in the range $95.17-$238.94 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 CRS maintains its current direction and does not revert back to pricing on the bearish side of $237.88 on 18-Jul-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 CARPENTER TECHNOLOGY closes at or above $227.10 on 18-Jul-2025. Based on our risk-neutral analysis, there is a 63.07% 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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