Quantchabot has detected a new Bear Call Spread trade opportunity for ALPHATEC HOLDINGS (ATEC) for the 20-Feb-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ATEC was recently trading at $16.29 and has an implied volatility of 53.34% for this period. Based on an analysis of the options available for ATEC expiring on 20-Feb-2026, there is a 34.20% likelihood that the underlying will close within the analyzed range of $13.75-$16.35 at expiration. In this scenario, the average linear return for the trade would be 14.98%.
Big -7.42% Change: After closing the last trading session at $17.59, ALPHATEC HOLDINGS opened today at $17.60 and has reached a low of $16.27.
Trade approach: A movement as big as -7.42% is a significantly bearish indicator, so this trade is designed to be profitable if ATEC maintains its current direction and does not revert back to pricing on the bullish side of $16.29 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 bearish strategy, the trade would be profitable if ALPHATEC HOLDINGS closes at or below $17.70 on 20-Feb-2026. Based on our risk-neutral analysis, there is a 67.67% 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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