Quantchabot has detected a new Bull Call Spread trade opportunity for HORMEL FOODS (HRL) for the 27-Nov-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
HRL was recently trading at $22.75 and has an implied volatility of 23.04% for this period. Based on an analysis of the options available for HRL expiring on 27-Nov-2026, there is a 34.24% likelihood that the underlying will close within the analyzed range of $22.81-$24.19 at expiration. In this scenario, the average linear return for the trade would be 27.98%.
Big 7.01% Change: After closing the last trading session at $21.26, HORMEL FOODS opened today at $21.70 and has reached a high of $22.83.
Trade approach: A movement as big as 7.01% is a significantly bullish indicator, so this trade is designed to be profitable if HRL maintains its current direction and does not revert back to pricing on the bearish side of $22.75 on 27-Nov-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 HORMEL FOODS closes at or above $22.55 on 27-Nov-2026. Based on our risk-neutral analysis, there is a 57.79% 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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