Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for JUMIA TECHNOLOGIES AG (JMIA) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. JMIA was recently trading at $13.89 and has an implied volatility of 128.29% for this period. Based on an analysis of the options available for JMIA expiring on 19-Feb-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $13.90-$27.14 at expiration. In this scenario, the average linear return for the trade would be 153.97%. Big 7.18% Change: After closing the last trading session at $12.96, JUMIA TECHNOLOGIES AG opened today at $13.15 and has reached a high of $14.45. Trade approach: A movement as big as 7.18% is a significantly bullish indicator, so this trade is designed to be profitable if JMIA maintains its current direction and does not revert back to pricing on the bearish side of $13.89 on 19-Feb-2021. 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 JUMIA TECHNOLOGIES AG closes at or above $13.55 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 51.51% 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.