Quantchabot has detected a new Bear Call Spread trade opportunity for IDAHO STRATEGIC RESOURCES INC (IDR) for the 20-Nov-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
IDR was recently trading at $20.45 and has an implied volatility of 94.74% for this period. Based on an analysis of the options available for IDR expiring on 20-Nov-2026, there is a 34.38% likelihood that the underlying will close within the analyzed range of $17.42-$20.48 at expiration. In this scenario, the average linear return for the trade would be 17.56%.
Big -7.98% Change: After closing the last trading session at $22.23, IDAHO STRATEGIC RESOURCES INC opened today at $21.40 and has reached a low of $20.27.
Trade approach: A movement as big as -7.98% 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 $20.45 on 20-Nov-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 $20.55 on 20-Nov-2026. Based on our risk-neutral analysis, there is a 50.86% 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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