Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for OATLY GROUP AB AMERICAN DEPOSITARY SHARES (OTLY) for the 20-Aug-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. OTLY was recently trading at $20.09 and has an implied volatility of 65.62% for this period. Based on an analysis of the options available for OTLY expiring on 20-Aug-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $16.28-$20.09 at expiration. In this scenario, the average linear return for the trade would be 48.80%. 52 week low: OATLY GROUP AB AMERICAN DEPOSITARY SHARES recently reached a new 52-week low at $19.84. OTLY had traded in the range $19.99-$29.00 over the past year. Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if OTLY maintains its current direction and does not revert back to pricing on the bullish side of $20.09 on 20-Aug-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 OATLY GROUP AB AMERICAN DEPOSITARY SHARES closes at or below $20.50 on 20-Aug-2021. Based on our risk-neutral analysis, there is a 53.86% 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.