Quantchabot has detected a new Bear Call Spread trade opportunity for COMSTOCK RESOURCES (CRK) for the 18-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CRK was recently trading at $25.05 and has an implied volatility of 52.51% for this period. Based on an analysis of the options available for CRK expiring on 18-Jul-2025, there is a 34.25% likelihood that the underlying will close within the analyzed range of $22.37-$25.11 at expiration. In this scenario, the average linear return for the trade would be 53.17%.
Big -9.45% Change: After closing the last trading session at $27.67, COMSTOCK RESOURCES opened today at $27.48 and has reached a low of $25.03.
Trade approach: A movement as big as -9.45% is a significantly bearish indicator, so this trade is designed to be profitable if CRK maintains its current direction and does not revert back to pricing on the bullish side of $25.05 on 18-Jul-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 COMSTOCK RESOURCES closes at or below $25.20 on 18-Jul-2025. Based on our risk-neutral analysis, there is a 51.27% 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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