Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for MARRIOT INTERNATIONAL CLASS A (MAR) for the 1-May-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MAR was recently trading at $80.32 and has an implied volatility of 102.03% for this period. Based on an analysis of the options available for MAR expiring on 1-May-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $80.37-$104.02 at expiration. In this scenario, the average linear return for the trade would be 59.39%. Big 8.81% Change: After closing the last trading session at $73.82, MARRIOT INTERNATIONAL CLASS A opened today at $75.24 and has reached a high of $80.80. Trade approach: A movement as big as 8.81% is a significantly bullish indicator, so this trade is designed to be profitable if MAR maintains its current direction and does not revert back to pricing on the bearish side of $80.32 on 1-May-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 MARRIOT INTERNATIONAL CLASS A closes at or above $79.65 on 1-May-2020. Based on our risk-neutral analysis, there is a 51.39% 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.