Quantchabot has detected a new Bull Put Spread trade opportunity for WABASH NATIONAL (WNC) for the 16-Oct-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
WNC was recently trading at $12.97 and has an implied volatility of 83.37% for this period. Based on an analysis of the options available for WNC expiring on 16-Oct-2026, there is a 34.23% likelihood that the underlying will close within the analyzed range of $12.92-$15.82 at expiration. In this scenario, the average linear return for the trade would be 16.28%.
Big 10.76% Change: After closing the last trading session at $11.71, WABASH NATIONAL opened today at $11.91 and has reached a high of $13.18.
Trade approach: A movement as big as 10.76% is a significantly bullish indicator, so this trade is designed to be profitable if WNC maintains its current direction and does not revert back to pricing on the bearish side of $12.97 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 bullish strategy, the trade would be profitable if WABASH NATIONAL closes at or above $12.15 on 16-Oct-2026. Based on our risk-neutral analysis, there is a 61.97% 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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