Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for AMERCO (UHAL) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. UHAL was recently trading at $521.78 and has an implied volatility of 26.78% for this period. Based on an analysis of the options available for UHAL expiring on 16-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $521.87-$580.26 at expiration. In this scenario, the average linear return for the trade would be 10.73%. 52 week high: AMERCO recently reached a new 52-week high at $526.63. UHAL had traded in the range $222.34-$519.98 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if UHAL maintains its current direction and does not revert back to pricing on the bearish side of $521.78 on 16-Apr-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 AMERCO closes at or above $519.70 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 51.57% 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.