Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for DANIMER SCIENTIFIC INC (DNMR) for the 16-Apr-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. DNMR was recently trading at $34.03 and has an implied volatility of 70.73% for this period. Based on an analysis of the options available for DNMR expiring on 16-Apr-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $30.80-$34.03 at expiration. In this scenario, the average linear return for the trade would be 16.28%. Big -8.20% Change: After closing the last trading session at $37.07, DANIMER SCIENTIFIC INC opened today at $36.75 and has reached a low of $33.74. Trade approach: A movement as big as -8.20% is a significantly bearish indicator, so this trade is designed to be profitable if DNMR maintains its current direction and does not revert back to pricing on the bullish side of $34.03 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 bearish strategy, the trade would be profitable if DANIMER SCIENTIFIC INC closes at or below $35.70 on 16-Apr-2021. Based on our risk-neutral analysis, there is a 68.46% 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.