Quantchabot has detected a new Bear Call Spread trade opportunity for O’REILLY AUTOMOTIVE (ORLY) for the 17-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ORLY was recently trading at $83.58 and has an implied volatility of 37.71% for this period. Based on an analysis of the options available for ORLY expiring on 17-Jul-2026, there is a 34.32% likelihood that the underlying will close within the analyzed range of $78.21-$83.68 at expiration. In this scenario, the average linear return for the trade would be 29.72%.
Big -7.40% Change: After closing the last trading session at $90.25, O’REILLY AUTOMOTIVE opened today at $90.21 and has reached a low of $82.71.
Trade approach: A movement as big as -7.40% is a significantly bearish indicator, so this trade is designed to be profitable if ORLY maintains its current direction and does not revert back to pricing on the bullish side of $83.58 on 17-Jul-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 O’REILLY AUTOMOTIVE closes at or below $85.80 on 17-Jul-2026. Based on our risk-neutral analysis, there is a 64.59% 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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