Quantchabot has detected a new Bear Call Spread trade opportunity for CENTENE (CNC) for the 24-Oct-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CNC was recently trading at $33.48 and has an implied volatility of 52.27% for this period. Based on an analysis of the options available for CNC expiring on 24-Oct-2025, there is a 35.43% likelihood that the underlying will close within the analyzed range of $32.33-$33.49 at expiration. In this scenario, the average linear return for the trade would be 39.70%.
Big -7.04% Change: After closing the last trading session at $36.02, CENTENE opened today at $33.42 and has reached a low of $33.00.
Trade approach: A movement as big as -7.04% is a significantly bearish indicator, so this trade is designed to be profitable if CNC maintains its current direction and does not revert back to pricing on the bullish side of $33.48 on 24-Oct-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 CENTENE closes at or below $33.50 on 24-Oct-2025. Based on our risk-neutral analysis, there is a 50.38% 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.
Leave a Reply
You must be logged in to post a comment.