Quantchabot has detected a promising Bear Call Spread trade opportunity for FLUENCE ENERGY INC. CLASS A (FLNC) for the 17-Nov-2023 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
FLNC was recently trading at $19.35 and has an implied volatility of 63.74% for this period. Based on an analysis of the options available for FLNC expiring on 17-Nov-2023, there is a 34.20% likelihood that the underlying will close within the analyzed range of $16.16-$19.44 at expiration. In this scenario, the average linear return for the trade would be 29.91%.
Big -7.94% Change: After closing the last trading session at $21.02, FLUENCE ENERGY INC. CLASS A opened today at $20.85 and has reached a low of $19.03.
Trade approach: A movement as big as -7.94% is a significantly bearish indicator, so this trade is designed to be profitable if FLNC maintains its current direction and does not revert back to pricing on the bullish side of $19.35 on 17-Nov-2023. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bearish strategy, the trade would be profitable if FLUENCE ENERGY INC. CLASS A closes at or below $19.70 on 17-Nov-2023. Based on our risk-neutral analysis, there is a 52.84% 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.