Quantchabot has detected a new Bear Call Spread trade opportunity for CDW CORPORATION COMMON STOCK (CDW) for the 17-Apr-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CDW was recently trading at $165.56 and has an implied volatility of 35.14% for this period. Based on an analysis of the options available for CDW expiring on 17-Apr-2025, there is a 34.19% likelihood that the underlying will close within the analyzed range of $148.76-$166.31 at expiration. In this scenario, the average linear return for the trade would be 59.73%.
52 week low: CDW CORPORATION COMMON STOCK recently reached a new 52-week low at $164.70. CDW had traded in the range $164.98-$263.37 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 CDW maintains its current direction and does not revert back to pricing on the bullish side of $165.56 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 CDW CORPORATION COMMON STOCK closes at or below $166.40 on 17-Apr-2025. Based on our risk-neutral analysis, there is a 50.21% 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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