Quantchabot has detected a new Covered Call trade opportunity for KIRKLAND’S (KIRK) for the 15-Aug-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
KIRK was recently trading at $1.71 and has an implied volatility of 190.04% for this period. Based on an analysis of the options available for KIRK expiring on 15-Aug-2025, there is a 34.25% likelihood that the underlying will close within the analyzed range of $1.72-$2.64 at expiration. In this scenario, the average linear return for the trade would be 22.67%.
Big 14.85% Change: After closing the last trading session at $1.49, KIRKLAND’S opened today at $1.61 and has reached a high of $1.73.
Trade approach: A movement as big as 14.85% is a significantly bullish indicator, so this trade is designed to be profitable if KIRK maintains its current direction and does not revert back to pricing on the bearish side of $1.71 on 15-Aug-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 KIRKLAND’S closes at or above $1.58 on 15-Aug-2025. Based on our risk-neutral analysis, there is a 57.60% 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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