Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for AKAMAI TECHNOLOGIES (AKAM) for the 26-Mar-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. AKAM was recently trading at $103.61 and has an implied volatility of 34.49% for this period. Based on an analysis of the options available for AKAM expiring on 26-Mar-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $91.89-$103.63 at expiration. In this scenario, the average linear return for the trade would be 43.44%. Big -12.17% Change: After closing the last trading session at $117.97, AKAMAI TECHNOLOGIES opened today at $107.36 and has reached a low of $103.59. Trade approach: A movement as big as -12.17% is a significantly bearish indicator, so this trade is designed to be profitable if AKAM maintains its current direction and does not revert back to pricing on the bullish side of $103.61 on 26-Mar-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 AKAMAI TECHNOLOGIES closes at or below $103.75 on 26-Mar-2021. Based on our risk-neutral analysis, there is a 50.40% 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.