Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for CUREVAC N.V. (CVAC) for the 15-Oct-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CVAC was recently trading at $39.86 and has an implied volatility of 141.04% for this period. Based on an analysis of the options available for CVAC expiring on 15-Oct-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $34.84-$39.86 at expiration. In this scenario, the average linear return for the trade would be 33.33%. Big -7.67% Change: After closing the last trading session at $43.17, CUREVAC N.V. opened today at $37.54 and has reached a low of $37.54. Trade approach: A movement as big as -7.67% is a significantly bearish indicator, so this trade is designed to be profitable if CVAC maintains its current direction and does not revert back to pricing on the bullish side of $39.86 on 15-Oct-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 CUREVAC N.V. closes at or below $41.25 on 15-Oct-2021. Based on our risk-neutral analysis, there is a 60.04% 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.