Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for AMC ENTERTAINMENT HOLDINGS INC (AMC) for the 30-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. AMC was recently trading at $36.09 and has an implied volatility of 205.72% for this period. Based on an analysis of the options available for AMC expiring on 30-Jul-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $36.09-$55.07 at expiration. In this scenario, the average linear return for the trade would be 121.09%. Big 7.96% Change: After closing the last trading session at $33.43, AMC ENTERTAINMENT HOLDINGS INC opened today at $32.20 and has reached a high of $36.80. Trade approach: A movement as big as 7.96% is a significantly bullish indicator, so this trade is designed to be profitable if AMC maintains its current direction and does not revert back to pricing on the bearish side of $36.09 on 30-Jul-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 AMC ENTERTAINMENT HOLDINGS INC closes at or above $34.53 on 30-Jul-2021. Based on our risk-neutral analysis, there is a 54.17% 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.