Quantchabot has detected a new Bear Call Spread trade opportunity for TRIP.COM GROUP LTD ADS (TCOM) for the 20-Mar-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
TCOM was recently trading at $64.19 and has an implied volatility of 43.87% for this period. Based on an analysis of the options available for TCOM expiring on 20-Mar-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $53.64-$64.62 at expiration. In this scenario, the average linear return for the trade would be 77.10%.
Big -15.19% Change: After closing the last trading session at $75.68, TRIP.COM GROUP LTD ADS opened today at $63.03 and has reached a low of $61.33.
Trade approach: A movement as big as -15.19% is a significantly bearish indicator, so this trade is designed to be profitable if TCOM maintains its current direction and does not revert back to pricing on the bullish side of $64.19 on 20-Mar-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 TRIP.COM GROUP LTD ADS closes at or below $65.15 on 20-Mar-2026. Based on our risk-neutral analysis, there is a 51.74% 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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