Quantchabot has detected a new Bull Put Spread trade opportunity for SYNAPTICS (SYNA) for the 16-Jan-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
SYNA was recently trading at $91.50 and has an implied volatility of 71.41% for this period. Based on an analysis of the options available for SYNA expiring on 16-Jan-2026, there is a 35.14% likelihood that the underlying will close within the analyzed range of $91.53-$97.26 at expiration. In this scenario, the average linear return for the trade would be 11.11%.
Big 7.19% Change: After closing the last trading session at $85.36, SYNAPTICS opened today at $85.00 and has reached a high of $92.40.
Trade approach: A movement as big as 7.19% is a significantly bullish indicator, so this trade is designed to be profitable if SYNA maintains its current direction and does not revert back to pricing on the bearish side of $91.50 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 bullish strategy, the trade would be profitable if SYNAPTICS closes at or above $89.50 on 16-Jan-2026. Based on our risk-neutral analysis, there is a 64.94% 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.
Leave a Reply
You must be logged in to post a comment.