Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for ATOSSA THERAPEUTICS INC (ATOS) for the 6-Aug-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. ATOS was recently trading at $4.59 and has an implied volatility of 170.75% for this period. Based on an analysis of the options available for ATOS expiring on 6-Aug-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $3.04-$4.59 at expiration. In this scenario, the average linear return for the trade would be 68.40%. Big -18.33% Change: After closing the last trading session at $5.62, ATOSSA THERAPEUTICS INC opened today at $5.68 and has reached a low of $4.32. Trade approach: A movement as big as -18.33% is a significantly bearish indicator, so this trade is designed to be profitable if ATOS maintains its current direction and does not revert back to pricing on the bullish side of $4.59 on 6-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 ATOSSA THERAPEUTICS INC closes at or below $5.45 on 6-Aug-2021. Based on our risk-neutral analysis, there is a 66.12% 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.