Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for ACCOLADE INC. (ACCD) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ACCD was recently trading at $54.52 and has an implied volatility of 76.66% for this period. Based on an analysis of the options available for ACCD expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $43.42-$54.53 at expiration. In this scenario, the average linear return for the trade would be 33.90%. Big -8.03% Change: After closing the last trading session at $59.28, ACCOLADE INC. opened today at $59.83 and has reached a low of $54.52. Trade approach: A movement as big as -8.03% is a significantly bearish indicator, so this trade is designed to be profitable if ACCD maintains its current direction and does not revert back to pricing on the bullish side of $54.52 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 ACCOLADE INC. closes at or below $55.15 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.99% 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.