Quantchabot has detected a new Bear Call Spread trade opportunity for IDAHO STRATEGIC RESOURCES INC (IDR) for the 15-May-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
IDR was recently trading at $46.37 and has an implied volatility of 166.86% for this period. Based on an analysis of the options available for IDR expiring on 15-May-2026, there is a 35.42% likelihood that the underlying will close within the analyzed range of $41.35-$46.38 at expiration. In this scenario, the average linear return for the trade would be 26.36%.
Big -9.45% Change: After closing the last trading session at $51.21, IDAHO STRATEGIC RESOURCES INC opened today at $49.97 and has reached a low of $46.06.
Trade approach: A movement as big as -9.45% is a significantly bearish indicator, so this trade is designed to be profitable if IDR maintains its current direction and does not revert back to pricing on the bullish side of $46.37 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 IDAHO STRATEGIC RESOURCES INC closes at or below $46.80 on 15-May-2026. Based on our risk-neutral analysis, there is a 53.32% 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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