Quantchabot has detected a new Covered Call trade opportunity for O-I GLASS INC (OI) for the 16-Oct-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
OI was recently trading at $7.07 and has an implied volatility of 60.89% for this period. Based on an analysis of the options available for OI expiring on 16-Oct-2026, there is a 34.17% likelihood that the underlying will close within the analyzed range of $7.11-$9.03 at expiration. In this scenario, the average linear return for the trade would be 11.07%.
Big 10.74% Change: After closing the last trading session at $6.38, O-I GLASS INC opened today at $6.82 and has reached a high of $7.19.
Trade approach: A movement as big as 10.74% is a significantly bullish indicator, so this trade is designed to be profitable if OI maintains its current direction and does not revert back to pricing on the bearish side of $7.07 on 16-Oct-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 O-I GLASS INC closes at or above $6.97 on 16-Oct-2026. Based on our risk-neutral analysis, there is a 53.25% 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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