Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for VIVINT SMART HOME INC (VVNT) for the 16-Oct-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. VVNT was recently trading at $17.36 and has an implied volatility of 69.37% for this period. Based on an analysis of the options available for VVNT expiring on 16-Oct-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $17.36-$21.68 at expiration. In this scenario, the average linear return for the trade would be 47.01%. Big 11.21% Change: After closing the last trading session at $15.61, VIVINT SMART HOME INC opened today at $16.78 and has reached a high of $17.42. Trade approach: A movement as big as 11.21% is a significantly bullish indicator, so this trade is designed to be profitable if VVNT maintains its current direction and does not revert back to pricing on the bearish side of $17.36 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 VIVINT SMART HOME INC closes at or above $17.20 on 16-Oct-2020. Based on our risk-neutral analysis, there is a 51.69% 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.