Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for LIQUID MEDIA GROUP LTD. COMMON SHARES (YVR) for the 16-Jul-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. YVR was recently trading at $2.25 and has an implied volatility of 575.36% for this period. Based on an analysis of the options available for YVR expiring on 16-Jul-2021, there is a 34.16% likelihood that the underlying will close within the analyzed range of $2.25-$3.20 at expiration. In this scenario, the average linear return for the trade would be 64.40%. Big 42.41% Change: After closing the last trading session at $1.58, LIQUID MEDIA GROUP LTD. COMMON SHARES opened today at $1.62 and has reached a high of $2.62. Trade approach: A movement as big as 42.41% is a significantly bullish indicator, so this trade is designed to be profitable if YVR maintains its current direction and does not revert back to pricing on the bearish side of $2.25 on 16-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 LIQUID MEDIA GROUP LTD. COMMON SHARES closes at or above $2.10 on 16-Jul-2021. Based on our risk-neutral analysis, there is a 57.79% 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.