Quantchabot has detected a new Bull Call Spread trade opportunity for SONOCO PRODUCTS (SON) for the 17-Apr-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
SON was recently trading at $56.53 and has an implied volatility of 26.47% for this period. Based on an analysis of the options available for SON expiring on 17-Apr-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $56.34-$62.58 at expiration. In this scenario, the average linear return for the trade would be 23.87%.
52 week high: SONOCO PRODUCTS recently reached a new 52-week high at $58.25. SON had traded in the range $38.65-$57.83 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 SON maintains its current direction and does not revert back to pricing on the bearish side of $56.53 on 17-Apr-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 SONOCO PRODUCTS closes at or above $56.10 on 17-Apr-2026. Based on our risk-neutral analysis, there is a 51.58% 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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