Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for GSX TECHEDU INC (GSX) for the 12-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. GSX was recently trading at $65.80 and has an implied volatility of 104.53% for this period. Based on an analysis of the options available for GSX expiring on 12-Feb-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $65.81-$86.20 at expiration. In this scenario, the average linear return for the trade would be 62.68%. Big 10.40% Change: After closing the last trading session at $59.60, GSX TECHEDU INC opened today at $62.88 and has reached a high of $67.50. Trade approach: A movement as big as 10.40% is a significantly bullish indicator, so this trade is designed to be profitable if GSX maintains its current direction and does not revert back to pricing on the bearish side of $65.80 on 12-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 GSX TECHEDU INC closes at or above $65.25 on 12-Feb-2021. Based on our risk-neutral analysis, there is a 51.25% 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.