Bull Call Spreads on High-Beta Names
Bull Call Spread84 trades pass on FCEL
- Return on risk
- 100.0% to 566.7%
- Probability of profit
- 25.5% to 56.9%
Fuelcell Energy Inc · Industrials
As of the close on . In the app, data is refreshed intraday.
FCEL closed at $17.25 on Oct 8, 2026 with 30-day implied volatility of 96.0%. That is near the bottom of its one-year range (IV rank 22), so options on FCEL are cheap compared with its own recent history. Measured by IV percentile, IV is higher than 20% of the past year's readings. Options expiring Nov 6 (29 days out) price a one standard deviation move of about $4.65, or 27.0%.
The price is above its 200-day moving average (+19.8%) but below its 50-day (-7.2%), a pullback inside a longer uptrend. It is 52.1% below its 52-week high and 187.4% above its 52-week low. The 14-day RSI of 48.2 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $1.74, about 10.1% of the price, a measure of a typical day's range.
Option volume at the close (50.9K contracts) was 3.4x its average, far busier than usual. A beta of 3.50 means FCEL has tended to move about 3.5 times as much as the broad market. 3 of our preset screens found trades on FCEL at the close, led by Bull Call Spreads on High-Beta Names with 84 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Oct 16, 20268 days | 92.2% | ±$2.36 (13.7%) | $14.89 to $19.61 | $1.88 |
| Nov 6, 202629 days | 95.7% | ±$4.65 (27.0%) | $12.60 to $21.90 | $3.68 |
| Nov 27, 202650 days | 95.2% | ±$6.07 (35.2%) | $11.18 to $23.32 | $4.78 |
| Jan 15, 202799 days | 95.2% | ±$8.55 (49.6%) | $8.70 to $25.80 | $6.68 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for FCEL from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
84 trades pass on FCEL
24 trades pass on FCEL
1 trade passes on FCEL
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.