52-Week High Alert: Trading today’s movement in 599538 $SKE

Quantchabot has detected a new Bull Call Spread trade opportunity for 599538 (SKE) for the 20-Mar-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SKE was recently trading at $31.34 and has an implied volatility of 55.77% for this period. Based on an analysis of the options available for SKE expiring on 20-Mar-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $31.53-$39.27 at expiration. In this scenario, the average linear return for the trade would be 16.05%.

52 week high: 599538 recently reached a new 52-week high at $31.94. SKE had traded in the range $8.53-$29.97 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 SKE maintains its current direction and does not revert back to pricing on the bearish side of $31.34 on 20-Mar-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 599538 closes at or above $31.40 on 20-Mar-2026. Based on our risk-neutral analysis, there is a 50.74% 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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