Quantchabot has detected a new Bear Call Spread trade opportunity for ALLEGION PLC (ALLE) for the 18-Jun-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ALLE was recently trading at $130.58 and has an implied volatility of 28.08% for this period. Based on an analysis of the options available for ALLE expiring on 18-Jun-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $119.28-$130.54 at expiration. In this scenario, the average linear return for the trade would be 44.62%.
52 week low: ALLEGION PLC recently reached a new 52-week low at $130.07. ALLE had traded in the range $131.22-$183.11 over the past year.
Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if ALLE maintains its current direction and does not revert back to pricing on the bullish side of $130.58 on 18-Jun-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 ALLEGION PLC closes at or below $130.60 on 18-Jun-2026. Based on our risk-neutral analysis, there is a 50.22% 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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