Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for RUSH ENTERPRISES (RUSHA) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RUSHA was recently trading at $48.62 and has an implied volatility of 43.04% for this period. Based on an analysis of the options available for RUSHA expiring on 16-Oct-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $48.50-$59.72 at expiration. In this scenario, the average linear return for the trade would be 30.00%. Big 8.79% Change: After closing the last trading session at $44.69, RUSH ENTERPRISES opened today at $46.00 and has reached a high of $49.78. Trade approach: A movement as big as 8.79% is a significantly bullish indicator, so this trade is designed to be profitable if RUSHA maintains its current direction and does not revert back to pricing on the bearish side of $48.62 on 16-Oct-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 RUSH ENTERPRISES closes at or above $46.75 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 57.01% 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.