Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for BERKELEY LIGHTS INC. (BLI) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. BLI was recently trading at $90.87 and has an implied volatility of 79.45% for this period. Based on an analysis of the options available for BLI expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $90.87-$103.88 at expiration. In this scenario, the average linear return for the trade would be 19.55%. Big 8.77% Change: After closing the last trading session at $83.54, BERKELEY LIGHTS INC. opened today at $83.17 and has reached a high of $91.22. Trade approach: A movement as big as 8.77% is a significantly bullish indicator, so this trade is designed to be profitable if BLI maintains its current direction and does not revert back to pricing on the bearish side of $90.87 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 BERKELEY LIGHTS INC. closes at or above $90.20 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 52.22% 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.