Quantchabot has detected a new Bear Call Spread trade opportunity for PAGAYA TECHNOLOGIES LTD. CLASS A (PGY) for the 16-Oct-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PGY was recently trading at $18.55 and has an implied volatility of 68.73% for this period. Based on an analysis of the options available for PGY expiring on 16-Oct-2026, there is a 34.22% likelihood that the underlying will close within the analyzed range of $15.61-$18.60 at expiration. In this scenario, the average linear return for the trade would be 51.45%.
Big -10.69% Change: After closing the last trading session at $20.77, PAGAYA TECHNOLOGIES LTD. CLASS A opened today at $20.67 and has reached a low of $18.55.
Trade approach: A movement as big as -10.69% is a significantly bearish indicator, so this trade is designed to be profitable if PGY maintains its current direction and does not revert back to pricing on the bullish side of $18.55 on 16-Oct-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 PAGAYA TECHNOLOGIES LTD. CLASS A closes at or below $18.70 on 16-Oct-2026. Based on our risk-neutral analysis, there is a 51.24% 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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