Equity Trade Idea – PRCT (PROCEPT BioRobotics)

⚠️This setup crosses earnings on 4th November

📈 Trade Setup:
Long PRCT $35 Call
Short PRCT $40 Call

📆 Expiration: Dec 19, 2025

💰 Cost (Premium): $2.05
📍 PRCT Reference Price: $36.02

📊 Payout Profile
Max Profit: $2.95
Max Loss (Premium Paid): $2.05
Break-Even: $37.05
Risk/Reward: 1:1.38

🔍 Trade Thesis
This $5-wide bull call spread provides defined-risk exposure to the upside in PROCEPT BioRobotics (PRCT). The position costs $2.05 and can return up to $2.95 if PRCT closes at or above $40 by expiration.

Why this makes sense now:

• We had a short term positive reversal on 16th Oct

• We have a pending medium term reversal this week

• PRCT is consolidating near support within a broader medium-term uptrend.

• Attractive risk/reward setup for a continued push higher into year-end.

• Well-structured for traders seeking bullish exposure with limited downside risk.

📌 A defined-risk bullish setup offering solid upside potential if momentum extends in coming weeks.

Disclaimer:
The trade ideas and commentary shared on this page are provided for educational and informational purposes only. They do not constitute financial advice, investment recommendations, or an offer or solicitation to buy or sell any securities. All content reflects the opinions of the authors and is subject to change without notice. QM Trades does not provide personalized investment advice and is not a registered investment advisor or broker-dealer. Always do your own research and consult with a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results. Trading and investing in financial markets involve risk, including the potential loss of capital.