Quantchabot has detected a new Bull Call Spread trade opportunity for SEMTECH (SMTC) for the 15-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
SMTC was recently trading at $96.51 and has an implied volatility of 68.60% for this period. Based on an analysis of the options available for SMTC expiring on 15-May-2026, there is a 34.20% likelihood that the underlying will close within the analyzed range of $96.81-$117.74 at expiration. In this scenario, the average linear return for the trade would be 10.02%.
52 week high: SEMTECH recently reached a new 52-week high at $96.66. SMTC had traded in the range $24.05-$96.46 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 SMTC maintains its current direction and does not revert back to pricing on the bearish side of $96.51 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 SEMTECH closes at or above $90.90 on 15-May-2026. Based on our risk-neutral analysis, there is a 62.65% 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.