Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for TRILLIUM THERAPEUTICS INC. COM (TRIL) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TRIL was recently trading at $14.42 and has an implied volatility of 117.47% for this period. Based on an analysis of the options available for TRIL expiring on 19-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $14.42-$22.31 at expiration. In this scenario, the average linear return for the trade would be 81.22%. Big 7.45% Change: After closing the last trading session at $13.42, TRILLIUM THERAPEUTICS INC. COM opened today at $13.75 and has reached a high of $14.59. Trade approach: A movement as big as 7.45% is a significantly bullish indicator, so this trade is designed to be profitable if TRIL maintains its current direction and does not revert back to pricing on the bearish side of $14.42 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 TRILLIUM THERAPEUTICS INC. COM closes at or above $14.05 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 52.39% 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.