Quantchabot has detected a new Secured Put trade opportunity for STITCH FIX INC. CLASS A COMMON STOCK (SFIX) for the 6-Jun-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
SFIX was recently trading at $3.66 and has an implied volatility of 80.46% for this period. Based on an analysis of the options available for SFIX expiring on 6-Jun-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $3.67-$4.62 at expiration. In this scenario, the average linear return for the trade would be 10.63%.
Big 10.24% Change: After closing the last trading session at $3.32, STITCH FIX INC. CLASS A COMMON STOCK opened today at $3.37 and has reached a high of $3.69.
Trade approach: A movement as big as 10.24% is a significantly bullish indicator, so this trade is designed to be profitable if SFIX maintains its current direction and does not revert back to pricing on the bearish side of $3.66 on 6-Jun-2025. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if STITCH FIX INC. CLASS A COMMON STOCK closes at or above $3.55 on 6-Jun-2025. Based on our risk-neutral analysis, there is a 55.94% 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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