Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for THE TRADE DESK INC. CLASS A COMMON STOCK (TTD) for the 7-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. TTD was recently trading at $618.42 and has an implied volatility of 68.62% for this period. Based on an analysis of the options available for TTD expiring on 7-May-2021, there is a 34.13% likelihood that the underlying will close within the analyzed range of $493.80-$618.49 at expiration. In this scenario, the average linear return for the trade would be 54.18%. Big -7.86% Change: After closing the last trading session at $671.21, THE TRADE DESK INC. CLASS A COMMON STOCK opened today at $668.04 and has reached a low of $615.56. Trade approach: A movement as big as -7.86% is a significantly bearish indicator, so this trade is designed to be profitable if TTD maintains its current direction and does not revert back to pricing on the bullish side of $618.42 on 7-May-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 THE TRADE DESK INC. CLASS A COMMON STOCK closes at or below $632.30 on 7-May-2021. Based on our risk-neutral analysis, there is a 53.91% 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.