Quantchabot has detected a new Bear Call Spread trade opportunity for LUMENTUM HOLDINGS INC (LITE) for the 30-Jan-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
LITE was recently trading at $356.22 and has an implied volatility of 88.28% for this period. Based on an analysis of the options available for LITE expiring on 30-Jan-2026, there is a 34.25% likelihood that the underlying will close within the analyzed range of $286.41-$357.06 at expiration. In this scenario, the average linear return for the trade would be 26.53%.
Big -9.33% Change: After closing the last trading session at $392.88, LUMENTUM HOLDINGS INC opened today at $394.30 and has reached a low of $351.62.
Trade approach: A movement as big as -9.33% is a significantly bearish indicator, so this trade is designed to be profitable if LITE maintains its current direction and does not revert back to pricing on the bullish side of $356.22 on 30-Jan-2026. 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 LUMENTUM HOLDINGS INC closes at or below $357.30 on 30-Jan-2026. Based on our risk-neutral analysis, there is a 50.13% 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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