Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for AIRBNB INC. CLASS A COMMON STOCK (ABNB) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ABNB was recently trading at $198.89 and has an implied volatility of 74.88% for this period. Based on an analysis of the options available for ABNB expiring on 16-Apr-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $198.92-$261.96 at expiration. In this scenario, the average linear return for the trade would be 81.85%. Big 9.24% Change: After closing the last trading session at $182.06, AIRBNB INC. CLASS A COMMON STOCK opened today at $194.18 and has reached a high of $202.00. Trade approach: A movement as big as 9.24% is a significantly bullish indicator, so this trade is designed to be profitable if ABNB maintains its current direction and does not revert back to pricing on the bearish side of $198.89 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 AIRBNB INC. CLASS A COMMON STOCK closes at or above $194.95 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 52.92% 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.