Quantchabot has detected a new Bull Call Spread trade opportunity for WATTS WATER TECHNOLOGIES (WTS) for the 17-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
WTS was recently trading at $386.34 and has an implied volatility of 25.74% for this period. Based on an analysis of the options available for WTS expiring on 17-Jul-2026, there is a 34.25% likelihood that the underlying will close within the analyzed range of $387.05-$409.57 at expiration. In this scenario, the average linear return for the trade would be 10.66%.
Big 7.64% Change: After closing the last trading session at $358.93, WATTS WATER TECHNOLOGIES opened today at $369.40 and has reached a high of $388.13.
Trade approach: A movement as big as 7.64% is a significantly bullish indicator, so this trade is designed to be profitable if WTS maintains its current direction and does not revert back to pricing on the bearish side of $386.34 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 WATTS WATER TECHNOLOGIES closes at or above $384.00 on 17-Jul-2026. Based on our risk-neutral analysis, there is a 55.57% 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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