Quantchabot has detected a new Bull Put Spread trade opportunity for LATAM AIRLINES GROUP SA (LTM) for the 20-Feb-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
LTM was recently trading at $57.19 and has an implied volatility of 39.71% for this period. Based on an analysis of the options available for LTM expiring on 20-Feb-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $57.44-$65.80 at expiration. In this scenario, the average linear return for the trade would be 15.80%.
52 week high: LATAM AIRLINES GROUP SA recently reached a new 52-week high at $58.35. LTM had traded in the range $26.18-$57.82 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if LTM maintains its current direction and does not revert back to pricing on the bearish side of $57.19 on 20-Feb-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if LATAM AIRLINES GROUP SA closes at or above $56.85 on 20-Feb-2026. Based on our risk-neutral analysis, there is a 53.04% 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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