Quantchabot has detected a new Bear Call Spread trade opportunity for VAXCYTE INC. COMMON STOCK (PCVX) for the 17-Apr-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PCVX was recently trading at $33.89 and has an implied volatility of 90.74% for this period. Based on an analysis of the options available for PCVX expiring on 17-Apr-2025, there is a 34.26% likelihood that the underlying will close within the analyzed range of $27.99-$33.96 at expiration. In this scenario, the average linear return for the trade would be 38.47%.
Big -10.25% Change: After closing the last trading session at $37.76, VAXCYTE INC. COMMON STOCK opened today at $37.12 and has reached a low of $33.61.
Trade approach: A movement as big as -10.25% is a significantly bearish indicator, so this trade is designed to be profitable if PCVX maintains its current direction and does not revert back to pricing on the bullish side of $33.89 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 VAXCYTE INC. COMMON STOCK closes at or below $34.10 on 17-Apr-2025. Based on our risk-neutral analysis, there is a 50.86% 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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