Quantchabot has detected a new Bear Call Spread trade opportunity for CONCENTRIX CORP (CNXC) for the 18-Jun-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CNXC was recently trading at $23.37 and has an implied volatility of 68.45% for this period. Based on an analysis of the options available for CNXC expiring on 18-Jun-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $18.25-$23.49 at expiration. In this scenario, the average linear return for the trade would be 64.19%.
52 week low: CONCENTRIX CORP recently reached a new 52-week low at $22.85. CNXC had traded in the range $24.27-$62.14 over the past year.
Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if CNXC maintains its current direction and does not revert back to pricing on the bullish side of $23.37 on 18-Jun-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 CONCENTRIX CORP closes at or below $24.50 on 18-Jun-2026. Based on our risk-neutral analysis, there is a 56.64% 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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