Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for LINDSAY (LNN) for the 18-Dec-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. LNN was recently trading at $112.22 and has an implied volatility of 32.94% for this period. Based on an analysis of the options available for LNN expiring on 18-Dec-2020, there is a 34.13% likelihood that the underlying will close within the analyzed range of $111.93-$127.39 at expiration. In this scenario, the average linear return for the trade would be 12.08%. 52 week high: LINDSAY recently reached a new 52-week high at $113.99. LNN had traded in the range $71.86-$111.76 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if LNN maintains its current direction and does not revert back to pricing on the bearish side of $112.22 on 18-Dec-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 LINDSAY closes at or above $111.65 on 18-Dec-2020. Based on our risk-neutral analysis, there is a 50.76% 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.