Quantchabot has detected a new Covered Put trade opportunity for ODYSSEY MARINE (OMEX) for the 8-Aug-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
OMEX was recently trading at $1.33 and has an implied volatility of 226.87% for this period. Based on an analysis of the options available for OMEX expiring on 8-Aug-2025, there is a 34.37% likelihood that the underlying will close within the analyzed range of $0.94-$1.33 at expiration. In this scenario, the average linear return for the trade would be 11.01%.
Big -7.22% Change: After closing the last trading session at $1.43, ODYSSEY MARINE opened today at $1.41 and has reached a low of $1.29.
Trade approach: A movement as big as -7.22% is a significantly bearish indicator, so this trade is designed to be profitable if OMEX maintains its current direction and does not revert back to pricing on the bullish side of $1.33 on 8-Aug-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 ODYSSEY MARINE closes at or below $1.57 on 8-Aug-2025. Based on our risk-neutral analysis, there is a 68.61% 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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