Quantchabot has detected a new Covered Put trade opportunity for ALUMIS INC. (ALMS) for the 17-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
ALMS was recently trading at $27.90 and has an implied volatility of 110.55% for this period. Based on an analysis of the options available for ALMS expiring on 17-Jul-2026, there is a 34.41% likelihood that the underlying will close within the analyzed range of $23.80-$27.92 at expiration. In this scenario, the average linear return for the trade would be 13.93%.
Big -7.92% Change: After closing the last trading session at $30.30, ALUMIS INC. opened today at $30.24 and has reached a low of $27.42.
Trade approach: A movement as big as -7.92% is a significantly bearish indicator, so this trade is designed to be profitable if ALMS maintains its current direction and does not revert back to pricing on the bullish side of $27.90 on 17-Jul-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 ALUMIS INC. closes at or below $27.93 on 17-Jul-2026. Based on our risk-neutral analysis, there is a 50.08% 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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