Quantchabot has detected a new Bear Call Spread trade opportunity for GETTY IMAGES HOLDINGS INC (GETY) for the 21-Feb-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
GETY was recently trading at $2.63 and has an implied volatility of 354.90% for this period. Based on an analysis of the options available for GETY expiring on 21-Feb-2025, there is a 34.19% likelihood that the underlying will close within the analyzed range of $0.78-$2.64 at expiration. In this scenario, the average linear return for the trade would be 10.74%.
Big -17.55% Change: After closing the last trading session at $3.19, GETTY IMAGES HOLDINGS INC opened today at $2.88 and has reached a low of $2.46.
Trade approach: A movement as big as -17.55% is a significantly bearish indicator, so this trade is designed to be profitable if GETY maintains its current direction and does not revert back to pricing on the bullish side of $2.63 on 21-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 GETTY IMAGES HOLDINGS INC closes at or below $3.05 on 21-Feb-2025. Based on our risk-neutral analysis, there is a 54.64% 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.
Leave a Reply
You must be logged in to post a comment.