Quantchabot has detected a new Bear Put Spread trade opportunity for INHIBRX BIOSCIENCES INC. (INBX) for the 15-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
INBX was recently trading at $118.47 and has an implied volatility of 105.36% for this period. Based on an analysis of the options available for INBX expiring on 15-May-2026, there is a 34.71% likelihood that the underlying will close within the analyzed range of $106.54-$118.52 at expiration. In this scenario, the average linear return for the trade would be 14.60%.
Big -7.14% Change: After closing the last trading session at $127.58, INHIBRX BIOSCIENCES INC. opened today at $125.00 and has reached a low of $116.00.
Trade approach: A movement as big as -7.14% is a significantly bearish indicator, so this trade is designed to be profitable if INBX maintains its current direction and does not revert back to pricing on the bullish side of $118.47 on 15-May-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 INHIBRX BIOSCIENCES INC. closes at or below $118.70 on 15-May-2026. Based on our risk-neutral analysis, there is a 50.60% 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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