Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for ROYAL CARIBBEAN GROUP (RCL) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RCL was recently trading at $76.59 and has an implied volatility of 72.01% for this period. Based on an analysis of the options available for RCL expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $76.61-$102.66 at expiration. In this scenario, the average linear return for the trade would be 85.41%. Big 8.47% Change: After closing the last trading session at $70.61, ROYAL CARIBBEAN GROUP opened today at $75.79 and has reached a high of $76.67. Trade approach: A movement as big as 8.47% is a significantly bullish indicator, so this trade is designed to be profitable if RCL maintains its current direction and does not revert back to pricing on the bearish side of $76.59 on 15-Jan-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 ROYAL CARIBBEAN GROUP closes at or above $73.91 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 54.87% 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.