Quantchabot has detected a new Bull Call Spread trade opportunity for LUMENTUM HOLDINGS INC (LITE) for the 31-Oct-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
LITE was recently trading at $212.79 and has an implied volatility of 94.16% for this period. Based on an analysis of the options available for LITE expiring on 31-Oct-2025, there is a 34.92% likelihood that the underlying will close within the analyzed range of $212.85-$230.67 at expiration. In this scenario, the average linear return for the trade would be 10.59%.
Big 7.26% Change: After closing the last trading session at $198.39, LUMENTUM HOLDINGS INC opened today at $201.09 and has reached a high of $213.88.
Trade approach: A movement as big as 7.26% is a significantly bullish indicator, so this trade is designed to be profitable if LITE maintains its current direction and does not revert back to pricing on the bearish side of $212.79 on 31-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 LUMENTUM HOLDINGS INC closes at or above $211.70 on 31-Oct-2025. Based on our risk-neutral analysis, there is a 52.78% 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.