Quantchabot has detected a new Covered Put trade opportunity for MODIVCARE INC (MODV) for the 15-Aug-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
MODV was recently trading at $2.39 and has an implied volatility of 192.71% for this period. Based on an analysis of the options available for MODV expiring on 15-Aug-2025, there is a 34.35% likelihood that the underlying will close within the analyzed range of $1.75-$2.39 at expiration. In this scenario, the average linear return for the trade would be 15.56%.
Big -7.72% Change: After closing the last trading session at $2.59, MODIVCARE INC opened today at $2.59 and has reached a low of $2.34.
Trade approach: A movement as big as -7.72% is a significantly bearish indicator, so this trade is designed to be profitable if MODV maintains its current direction and does not revert back to pricing on the bullish side of $2.39 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 MODIVCARE INC closes at or below $2.69 on 15-Aug-2025. Based on our risk-neutral analysis, there is a 64.69% 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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