Quantchabot has detected a new Bear Put Spread trade opportunity for KAISER ALUMINUM (KALU) for the 17-Apr-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
KALU was recently trading at $124.56 and has an implied volatility of 39.24% for this period. Based on an analysis of the options available for KALU expiring on 17-Apr-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $107.20-$125.30 at expiration. In this scenario, the average linear return for the trade would be 16.24%.
Big -10.64% Change: After closing the last trading session at $139.38, KAISER ALUMINUM opened today at $123.01 and has reached a low of $120.00.
Trade approach: A movement as big as -10.64% is a significantly bearish indicator, so this trade is designed to be profitable if KALU maintains its current direction and does not revert back to pricing on the bullish side of $124.56 on 17-Apr-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 KAISER ALUMINUM closes at or below $127.10 on 17-Apr-2026. Based on our risk-neutral analysis, there is a 53.65% 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.