Quantchabot has detected a new Bear Call Spread trade opportunity for BLUE BIRD CORP (BLBD) for the 16-Jan-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
BLBD was recently trading at $50.99 and has an implied volatility of 40.66% for this period. Based on an analysis of the options available for BLBD expiring on 16-Jan-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $43.95-$51.29 at expiration. In this scenario, the average linear return for the trade would be 24.44%.
Big -7.05% Change: After closing the last trading session at $54.86, BLUE BIRD CORP opened today at $55.83 and has reached a low of $49.23.
Trade approach: A movement as big as -7.05% is a significantly bearish indicator, so this trade is designed to be profitable if BLBD maintains its current direction and does not revert back to pricing on the bullish side of $50.99 on 16-Jan-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 BLUE BIRD CORP closes at or below $51.35 on 16-Jan-2026. Based on our risk-neutral analysis, there is a 50.29% 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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