Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for UNITY SOFTWARE INC (U) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. U was recently trading at $153.51 and has an implied volatility of 103.69% for this period. Based on an analysis of the options available for U expiring on 15-Jan-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $110.24-$153.53 at expiration. In this scenario, the average linear return for the trade would be 86.56%. Big -8.22% Change: After closing the last trading session at $167.25, UNITY SOFTWARE INC opened today at $169.80 and has reached a low of $153.00. Trade approach: A movement as big as -8.22% is a significantly bearish indicator, so this trade is designed to be profitable if U maintains its current direction and does not revert back to pricing on the bullish side of $153.51 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 bearish strategy, the trade would be profitable if UNITY SOFTWARE INC closes at or below $183.85 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 70.68% 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.