Quantchabot has detected a new Bear Call Spread trade opportunity for IDEX (IEX) for the 17-Apr-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
IEX was recently trading at $181.84 and has an implied volatility of 30.00% for this period. Based on an analysis of the options available for IEX expiring on 17-Apr-2025, there is a 34.19% likelihood that the underlying will close within the analyzed range of $165.91-$182.68 at expiration. In this scenario, the average linear return for the trade would be 43.97%.
52 week low: IDEX recently reached a new 52-week low at $181.09. IEX had traded in the range $183.24-$246.36 over the past year.
Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if IEX maintains its current direction and does not revert back to pricing on the bullish side of $181.84 on 17-Apr-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 IDEX closes at or below $184.40 on 17-Apr-2025. Based on our risk-neutral analysis, there is a 53.88% 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.