Quantchabot has detected a new Bear Call Spread trade opportunity for SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) for the 20-Mar-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
SAIC was recently trading at $84.90 and has an implied volatility of 45.49% for this period. Based on an analysis of the options available for SAIC expiring on 20-Mar-2026, there is a 34.21% likelihood that the underlying will close within the analyzed range of $73.65-$85.23 at expiration. In this scenario, the average linear return for the trade would be 41.56%.
Big -13.30% Change: After closing the last trading session at $97.92, SCIENCE APPLICATIONS INTERNATIONAL CORPORATION opened today at $94.09 and has reached a low of $84.87.
Trade approach: A movement as big as -13.30% is a significantly bearish indicator, so this trade is designed to be profitable if SAIC maintains its current direction and does not revert back to pricing on the bullish side of $84.90 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 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION closes at or below $86.80 on 20-Mar-2026. Based on our risk-neutral analysis, there is a 54.99% 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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