Quantchabot has detected a new Bull Put Spread trade opportunity for SMITH & WESSON BRANDS INC (SWBI) for the 18-Jun-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
SWBI was recently trading at $15.00 and has an implied volatility of 41.30% for this period. Based on an analysis of the options available for SWBI expiring on 18-Jun-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $15.07-$17.44 at expiration. In this scenario, the average linear return for the trade would be 13.21%.
52 week high: SMITH & WESSON BRANDS INC recently reached a new 52-week high at $15.79. SWBI had traded in the range $7.73-$15.74 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if SWBI maintains its current direction and does not revert back to pricing on the bearish side of $15.00 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 bullish strategy, the trade would be profitable if SMITH & WESSON BRANDS INC closes at or above $14.65 on 18-Jun-2026. Based on our risk-neutral analysis, there is a 57.70% 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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