Quantchabot has detected a new Bear Call Spread trade opportunity for CLEANSPARK INC. COMMON STOCK (CLSK) for the 31-Jan-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CLSK was recently trading at $10.34 and has an implied volatility of 112.60% for this period. Based on an analysis of the options available for CLSK expiring on 31-Jan-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $7.17-$10.39 at expiration. In this scenario, the average linear return for the trade would be 16.57%.
Big -7.20% Change: After closing the last trading session at $11.14, CLEANSPARK INC. COMMON STOCK opened today at $11.11 and has reached a low of $10.31.
Trade approach: A movement as big as -7.20% is a significantly bearish indicator, so this trade is designed to be profitable if CLSK maintains its current direction and does not revert back to pricing on the bullish side of $10.34 on 31-Jan-2025. 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 CLEANSPARK INC. COMMON STOCK closes at or below $10.40 on 31-Jan-2025. Based on our risk-neutral analysis, there is a 50.12% 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.
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