Quantchabot has detected a new Bull Call Spread trade opportunity for BP (BP) for the 6-Feb-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
BP was recently trading at $39.12 and has an implied volatility of 34.71% for this period. Based on an analysis of the options available for BP expiring on 6-Feb-2026, there is a 35.10% likelihood that the underlying will close within the analyzed range of $39.13-$40.32 at expiration. In this scenario, the average linear return for the trade would be 19.05%.
52 week high: BP recently reached a new 52-week high at $39.51. BP had traded in the range $25.22-$38.88 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 BP maintains its current direction and does not revert back to pricing on the bearish side of $39.12 on 6-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 BP closes at or above $38.84 on 6-Feb-2026. Based on our risk-neutral analysis, there is a 60.21% 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.