The automated Quantcha Trade Ideas Service has detected a promising Long Put trade opportunity for KIMBERLY-CLARK (KMB) for the 20-Oct-2017 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

KMB was recently trading at $111.71 and has an implied volatility of 226.88% for this period. Based on an analysis of the options available for KMB expiring on 20-Oct-2017, there is a 34.31% likelihood that the underlying will close within the analyzed range of $109.75-$111.78 at expiration. In this scenario, the average linear return for the trade would be 493.05%.

52 week low: KIMBERLY-CLARK recently reached a new 52-week low at $110.33. KMB had traded in the range $111.30-$136.21 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 KMB maintains its current direction and does not revert back to pricing on the bullish side of $111.71 on 20-Oct-2017. 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 KIMBERLY-CLARK closes at or below $114.30 on 20-Oct-2017. Based on our risk-neutral analysis, there is a 88.98% 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.