Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for BANCO BBVA ARGENTINA SA (BBAR) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BBAR was recently trading at $2.69 and has an implied volatility of 90.90% for this period. Based on an analysis of the options available for BBAR expiring on 20-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $2.69-$3.86 at expiration. In this scenario, the average linear return for the trade would be 53.74%. Big 11.62% Change: After closing the last trading session at $2.41, BANCO BBVA ARGENTINA SA opened today at $2.42 and has reached a high of $2.71. Trade approach: A movement as big as 11.62% is a significantly bullish indicator, so this trade is designed to be profitable if BBAR maintains its current direction and does not revert back to pricing on the bearish side of $2.69 on 20-Nov-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 BANCO BBVA ARGENTINA SA closes at or above $2.60 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 53.80% 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.