Quantchabot has detected a new Bear Call Spread trade opportunity for OKLO INC (OKLO) for the 7-Feb-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
OKLO was recently trading at $22.23 and has an implied volatility of 126.86% for this period. Based on an analysis of the options available for OKLO expiring on 7-Feb-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $14.48-$22.35 at expiration. In this scenario, the average linear return for the trade would be 68.10%.
Big -7.51% Change: After closing the last trading session at $24.04, OKLO INC opened today at $23.90 and has reached a low of $22.22.
Trade approach: A movement as big as -7.51% is a significantly bearish indicator, so this trade is designed to be profitable if OKLO maintains its current direction and does not revert back to pricing on the bullish side of $22.23 on 7-Feb-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 OKLO INC closes at or below $22.45 on 7-Feb-2025. Based on our risk-neutral analysis, there is a 50.40% 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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