Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for DESKTOP METAL INC (DM) for the 19-Feb-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. DM was recently trading at $26.62 and has an implied volatility of 103.67% for this period. Based on an analysis of the options available for DM expiring on 19-Feb-2021, there is a 34.17% likelihood that the underlying will close within the analyzed range of $25.05-$26.62 at expiration. In this scenario, the average linear return for the trade would be 22.91%. Big -8.62% Change: After closing the last trading session at $29.13, DESKTOP METAL INC opened today at $27.80 and has reached a low of $26.25. Trade approach: A movement as big as -8.62% is a significantly bearish indicator, so this trade is designed to be profitable if DM maintains its current direction and does not revert back to pricing on the bullish side of $26.62 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 bearish strategy, the trade would be profitable if DESKTOP METAL INC closes at or below $26.65 on 19-Feb-2021. Based on our risk-neutral analysis, there is a 50.73% 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.