Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for TWIST BIOSCIENCE CORPORATION COMMON STOCK (TWST) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TWST was recently trading at $97.28 and has an implied volatility of 63.03% for this period. Based on an analysis of the options available for TWST expiring on 20-Nov-2020, there is a 34.14% likelihood that the underlying will close within the analyzed range of $97.28-$110.67 at expiration. In this scenario, the average linear return for the trade would be 20.77%. Big 8.17% Change: After closing the last trading session at $89.93, TWIST BIOSCIENCE CORPORATION COMMON STOCK opened today at $92.99 and has reached a high of $98.80. Trade approach: A movement as big as 8.17% is a significantly bullish indicator, so this trade is designed to be profitable if TWST maintains its current direction and does not revert back to pricing on the bearish side of $97.28 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 TWIST BIOSCIENCE CORPORATION COMMON STOCK closes at or above $96.10 on 20-Nov-2020. Based on our risk-neutral analysis, there is a 53.77% 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.