Quantchabot has detected a new Covered Put trade opportunity for DRAGANFLY INC. COMMON SHARES (DPRO) for the 6-Nov-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
DPRO was recently trading at $3.57 and has an implied volatility of 88.24% for this period. Based on an analysis of the options available for DPRO expiring on 6-Nov-2026, there is a 34.25% likelihood that the underlying will close within the analyzed range of $2.93-$3.58 at expiration. In this scenario, the average linear return for the trade would be 11.51%.
52 week low: DRAGANFLY INC. COMMON SHARES recently reached a new 52-week low at $3.57. DPRO had traded in the range $3.63-$11.28 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 DPRO maintains its current direction and does not revert back to pricing on the bullish side of $3.57 on 6-Nov-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 DRAGANFLY INC. COMMON SHARES closes at or below $3.72 on 6-Nov-2026. Based on our risk-neutral analysis, there is a 57.81% 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.
Leave a Reply
You must be logged in to post a comment.