Quantchabot has detected a new Bear Call Spread trade opportunity for SEAGATE TECHNOLOGY (STX) for the 26-Jun-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
STX was recently trading at $771.98 and has an implied volatility of 77.87% for this period. Based on an analysis of the options available for STX expiring on 26-Jun-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $588.37-$774.89 at expiration. In this scenario, the average linear return for the trade would be 28.48%.
Big -7.44% Change: After closing the last trading session at $834.01, SEAGATE TECHNOLOGY opened today at $814.70 and has reached a low of $770.21.
Trade approach: A movement as big as -7.44% is a significantly bearish indicator, so this trade is designed to be profitable if STX maintains its current direction and does not revert back to pricing on the bullish side of $771.98 on 26-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 SEAGATE TECHNOLOGY closes at or below $775.10 on 26-Jun-2026. Based on our risk-neutral analysis, there is a 50.04% 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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