Quantchabot has detected a new Bear Call Spread trade opportunity for UNIVERSAL DISPLAY CORPORATION (OLED) for the 17-Apr-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
OLED was recently trading at $107.98 and has an implied volatility of 40.19% for this period. Based on an analysis of the options available for OLED expiring on 17-Apr-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $92.28-$108.11 at expiration. In this scenario, the average linear return for the trade would be 42.11%.
Big -7.80% Change: After closing the last trading session at $117.12, UNIVERSAL DISPLAY CORPORATION opened today at $117.38 and has reached a low of $107.39.
Trade approach: A movement as big as -7.80% is a significantly bearish indicator, so this trade is designed to be profitable if OLED maintains its current direction and does not revert back to pricing on the bullish side of $107.98 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 UNIVERSAL DISPLAY CORPORATION closes at or below $109.20 on 17-Apr-2026. Based on our risk-neutral analysis, there is a 52.52% 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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