Quantchabot has detected a new Bull Call Spread trade opportunity for WARBY PARKER INC. (WRBY) for the 27-Feb-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
WRBY was recently trading at $29.40 and has an implied volatility of 71.47% for this period. Based on an analysis of the options available for WRBY expiring on 27-Feb-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $29.54-$38.03 at expiration. In this scenario, the average linear return for the trade would be 10.97%.
Big 10.61% Change: After closing the last trading session at $26.58, WARBY PARKER INC. opened today at $26.99 and has reached a high of $30.00.
Trade approach: A movement as big as 10.61% is a significantly bullish indicator, so this trade is designed to be profitable if WRBY maintains its current direction and does not revert back to pricing on the bearish side of $29.40 on 27-Feb-2026. 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 WARBY PARKER INC. closes at or above $28.50 on 27-Feb-2026. Based on our risk-neutral analysis, there is a 55.64% 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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