The automated Quantcha Trade Ideas Service has detected a promising trade opportunity for BOEING () for the 20-Oct-2017 expiration period. You can analyze the opportunity in depth over at the .
BA was recently trading at $239.00 and has an implied volatility of 17.22% for this period. Based on an analysis of the options available for BA expiring on 20-Oct-2017, there is a 34.14% likelihood that the underlying will close within the analyzed range of $239.00-$258.84 at expiration. In this scenario, the average linear return for the trade would be 45.47%.
52 week high: BOEING recently reached a new 52-week high at $241.04. BA had traded in the range $126.31-$233.98 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 BA maintains its current direction and does not revert back to pricing on the bearish side of $239.00 on 20-Oct-2017. 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 BOEING closes at or above $236.85 on 20-Oct-2017. Based on our risk-neutral analysis, there is a 54.51% 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 .
This is an automated post generated based on a market analysis of delayed data at 7/28/2017 10:07:54 AM ET. The analysis does not include brokerage fees or commissions and is not investment advice.