Quantchabot has detected a new Bear Call Spread trade opportunity for IMPINJ INC (PI) for the 16-Jan-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PI was recently trading at $180.79 and has an implied volatility of 63.24% for this period. Based on an analysis of the options available for PI expiring on 16-Jan-2026, there is a 35.15% likelihood that the underlying will close within the analyzed range of $171.37-$180.84 at expiration. In this scenario, the average linear return for the trade would be 39.30%.
Big -9.39% Change: After closing the last trading session at $199.54, IMPINJ INC opened today at $192.28 and has reached a low of $178.79.
Trade approach: A movement as big as -9.39% is a significantly bearish indicator, so this trade is designed to be profitable if PI maintains its current direction and does not revert back to pricing on the bullish side of $180.79 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 IMPINJ INC closes at or below $181.80 on 16-Jan-2026. Based on our risk-neutral analysis, there is a 54.08% 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.