Quantchabot has detected a new Bull Call Spread trade opportunity for TRAVEL + LEISURE CO (TNL) for the 17-Oct-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
TNL was recently trading at $63.40 and has an implied volatility of 25.06% for this period. Based on an analysis of the options available for TNL expiring on 17-Oct-2025, there is a 34.17% likelihood that the underlying will close within the analyzed range of $63.23-$69.34 at expiration. In this scenario, the average linear return for the trade would be 11.26%.
52 week high: TRAVEL + LEISURE CO recently reached a new 52-week high at $63.46. TNL had traded in the range $37.77-$63.31 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 TNL maintains its current direction and does not revert back to pricing on the bearish side of $63.40 on 17-Oct-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 TRAVEL + LEISURE CO closes at or above $62.95 on 17-Oct-2025. Based on our risk-neutral analysis, there is a 51.89% 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.
Leave a Reply
You must be logged in to post a comment.