Quantchabot has detected a new Covered Call trade opportunity for FORWARD AIR (FWRD) for the 17-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
FWRD was recently trading at $9.52 and has an implied volatility of 97.00% for this period. Based on an analysis of the options available for FWRD expiring on 17-Jul-2026, there is a 34.17% likelihood that the underlying will close within the analyzed range of $9.58-$14.42 at expiration. In this scenario, the average linear return for the trade would be 20.15%.
Big 8.92% Change: After closing the last trading session at $8.74, FORWARD AIR opened today at $8.80 and has reached a high of $9.56.
Trade approach: A movement as big as 8.92% is a significantly bullish indicator, so this trade is designed to be profitable if FWRD maintains its current direction and does not revert back to pricing on the bearish side of $9.52 on 17-Jul-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 FORWARD AIR closes at or above $9.47 on 17-Jul-2026. Based on our risk-neutral analysis, there is a 51.17% 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.