Quantchabot has detected a new Bear Put Spread trade opportunity for ASBURY AUTOMOTIVE GROUP (ABG) for the 16-Oct-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ABG was recently trading at $166.91 and has an implied volatility of 38.84% for this period. Based on an analysis of the options available for ABG expiring on 16-Oct-2026, there is a 34.38% likelihood that the underlying will close within the analyzed range of $157.43-$167.08 at expiration. In this scenario, the average linear return for the trade would be 30.67%.
52 week low: ASBURY AUTOMOTIVE GROUP recently reached a new 52-week low at $164.34. ABG had traded in the range $167.30-$258.75 over the past year.
Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if ABG maintains its current direction and does not revert back to pricing on the bullish side of $166.91 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 bearish strategy, the trade would be profitable if ASBURY AUTOMOTIVE GROUP closes at or below $167.55 on 16-Oct-2026. Based on our risk-neutral analysis, there is a 51.92% 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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