Quantchabot has detected a new Bear Call Spread trade opportunity for WILLSCOT MOBILE MINI HOLDINGS CORP (WSC) for the 21-Feb-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
WSC was recently trading at $33.55 and has an implied volatility of 46.85% for this period. Based on an analysis of the options available for WSC expiring on 21-Feb-2025, there is a 34.18% likelihood that the underlying will close within the analyzed range of $27.80-$33.82 at expiration. In this scenario, the average linear return for the trade would be 12.80%.
52 week low: WILLSCOT MOBILE MINI HOLDINGS CORP recently reached a new 52-week low at $32.57. WSC had traded in the range $32.70-$52.16 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 WSC maintains its current direction and does not revert back to pricing on the bullish side of $33.55 on 21-Feb-2025. 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 WILLSCOT MOBILE MINI HOLDINGS CORP closes at or below $35.15 on 21-Feb-2025. Based on our risk-neutral analysis, there is a 57.85% 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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