Quantchabot has detected a new Bull Call Spread trade opportunity for TORONTO-DOMINION BANK (TD) for the 15-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
TD was recently trading at $103.67 and has an implied volatility of 17.79% for this period. Based on an analysis of the options available for TD expiring on 15-May-2026, there is a 34.20% likelihood that the underlying will close within the analyzed range of $104.00-$109.51 at expiration. In this scenario, the average linear return for the trade would be 11.12%.
52 week high: TORONTO-DOMINION BANK recently reached a new 52-week high at $103.92. TD had traded in the range $58.78-$102.08 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 TD maintains its current direction and does not revert back to pricing on the bearish side of $103.67 on 15-May-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 TORONTO-DOMINION BANK closes at or above $103.65 on 15-May-2026. Based on our risk-neutral analysis, there is a 52.60% 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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