Quantchabot has detected a new Covered Put trade opportunity for CLEARWATER (CLW) for the 17-Apr-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CLW was recently trading at $15.37 and has an implied volatility of 64.90% for this period. Based on an analysis of the options available for CLW expiring on 17-Apr-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $11.95-$15.46 at expiration. In this scenario, the average linear return for the trade would be 14.08%.
Big -9.27% Change: After closing the last trading session at $16.94, CLEARWATER opened today at $16.18 and has reached a low of $15.21.
Trade approach: A movement as big as -9.27% is a significantly bearish indicator, so this trade is designed to be profitable if CLW maintains its current direction and does not revert back to pricing on the bullish side of $15.37 on 17-Apr-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 CLEARWATER closes at or below $16.16 on 17-Apr-2026. Based on our risk-neutral analysis, there is a 56.82% 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.