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 $3.86 and has an implied volatility of 161.60% 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 $2.69-$3.86 at expiration. In this scenario, the average linear return for the trade would be 56.55%. Big -14.22% Change: After closing the last trading session at $4.50, ATOSSA THERAPEUTICS INC opened today at $4.12 and has reached a low of $3.71. Trade approach: A movement as big as -14.22% 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 $3.86 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 $4.05 on 6-Aug-2021. Based on our risk-neutral analysis, there is a 55.27% 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.