Quantchabot has detected a new Bear Call Spread trade opportunity for IRHYTHM TECHNOLOGIES INC. COMMON STOCK (IRTC) for the 16-Jan-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
IRTC was recently trading at $151.17 and has an implied volatility of 54.25% for this period. Based on an analysis of the options available for IRTC expiring on 16-Jan-2026, there is a 34.86% likelihood that the underlying will close within the analyzed range of $143.22-$151.23 at expiration. In this scenario, the average linear return for the trade would be 39.61%.
Big -10.55% Change: After closing the last trading session at $168.99, IRHYTHM TECHNOLOGIES INC. COMMON STOCK opened today at $167.70 and has reached a low of $150.58.
Trade approach: A movement as big as -10.55% is a significantly bearish indicator, so this trade is designed to be profitable if IRTC maintains its current direction and does not revert back to pricing on the bullish side of $151.17 on 16-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 IRHYTHM TECHNOLOGIES INC. COMMON STOCK closes at or below $152.00 on 16-Jan-2026. Based on our risk-neutral analysis, there is a 53.86% 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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