Quantchabot has detected a new Covered Put trade opportunity for GOLD RESOURCE (GORO) for the 15-Aug-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
GORO was recently trading at $0.48 and has an implied volatility of 232.11% for this period. Based on an analysis of the options available for GORO expiring on 15-Aug-2025, there is a 34.35% likelihood that the underlying will close within the analyzed range of $0.33-$0.48 at expiration. In this scenario, the average linear return for the trade would be 11.94%.
Big -13.63% Change: After closing the last trading session at $0.56, GOLD RESOURCE opened today at $0.45 and has reached a low of $0.43.
Trade approach: A movement as big as -13.63% is a significantly bearish indicator, so this trade is designed to be profitable if GORO maintains its current direction and does not revert back to pricing on the bullish side of $0.48 on 15-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 GOLD RESOURCE closes at or below $0.53 on 15-Aug-2025. Based on our risk-neutral analysis, there is a 60.15% 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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