Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Secured Put trade opportunity for AMERICAN INTERNATIONAL (AIG) for the 24-Apr-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. AIG was recently trading at $35.50 and has an implied volatility of 66.84% for this period. Based on an analysis of the options available for AIG expiring on 24-Apr-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $35.21-$44.03 at expiration. In this scenario, the average linear return for the trade would be 11.04%. Big 8.18% Change: After closing the last trading session at $32.81, AMERICAN INTERNATIONAL opened today at $34.58 and has reached a high of $37.18. Trade approach: A movement as big as 8.18% is a significantly bullish indicator, so this trade is designed to be profitable if AIG maintains its current direction and does not revert back to pricing on the bearish side of $35.50 on 24-Apr-2020. 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 AMERICAN INTERNATIONAL closes at or above $34.20 on 24-Apr-2020. Based on our risk-neutral analysis, there is a 55.20% 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.