Quantchabot has detected a new Bear Call Spread trade opportunity for YETI HOLDINGS INC (YETI) for the 17-Apr-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
YETI was recently trading at $32.03 and has an implied volatility of 42.85% for this period. Based on an analysis of the options available for YETI expiring on 17-Apr-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $28.19-$32.17 at expiration. In this scenario, the average linear return for the trade would be 60.45%.
52 week low: YETI HOLDINGS INC recently reached a new 52-week low at $31.81. YETI had traded in the range $33.12-$45.25 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 YETI maintains its current direction and does not revert back to pricing on the bullish side of $32.03 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 YETI HOLDINGS INC closes at or below $32.55 on 17-Apr-2025. Based on our risk-neutral analysis, there is a 53.59% 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.