Quantchabot has detected a new Bear Call Spread trade opportunity for PTC INC. COMMON STOCK (PTC) for the 17-Apr-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PTC was recently trading at $155.46 and has an implied volatility of 30.22% for this period. Based on an analysis of the options available for PTC expiring on 17-Apr-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $142.06-$156.14 at expiration. In this scenario, the average linear return for the trade would be 53.70%.
52 week low: PTC INC. COMMON STOCK recently reached a new 52-week low at $155.02. PTC had traded in the range $155.53-$203.09 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 PTC maintains its current direction and does not revert back to pricing on the bullish side of $155.46 on 17-Apr-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 PTC INC. COMMON STOCK closes at or below $156.65 on 17-Apr-2025. Based on our risk-neutral analysis, there is a 51.39% 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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