Equity Trade Idea: $OKTA (OKTA Inc)
Top Quantmatix Signal Points Higher for OKTA
Quantmatix generated a Top Medium-Term Positive Signal on OKTA at the close last Friday, suggesting the stock may be entering a new upward phase. This long call provides defined-risk bullish exposure, with risk capped at the $3.55 premium while leaving the upside uncapped if OKTA breaks higher into year-end.
📈 Trade Setup
Long OKTA $100 Call
Expiration: November 21, 2025
Net debit (cost): approx. $3.55
Max profit: Unlimited (upside is open-ended)
Max loss: $3.55 (premium paid)
Break-even: $103.55
Current reference price: $93.85
🎯 Target Levels
Target 1: $101.12
Target 2: $105.74
📊 Risk/Reward
Max Risk: $3.55
Max Reward: Unlimited
Reward/Risk Ratio: Open-ended
Profit Zone: Above $103.55, with profits increasing the higher OKTA trades above strike
Really solid risk-reward setup on this OKTA call. The identity managment space has been beaten up lately but Okta's fundamentals are actualy holding up better than the market gives them credit for. That $3.55 premium for the upside exposre seems reasonable given the technical setup. I like that you're not getting too greedy with the targets either. The breakeven at $103.55 gives OKTA about 10% room to run from current levels which feels achievable if the broader tech rally continues. My only concern is whether the security breach headlines have fully worked their way through the market yet but the quantitative signal you're seeing suggests maybe they have.