Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Long Risk Reversal trade opportunity for GUARDANT HEALTH INC (GH) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. GH was recently trading at $101.86 and has an implied volatility of 57.80% for this period. Based on an analysis of the options available for GH expiring on 18-Feb-2022, there is a 34.13% likelihood that the underlying will close within the analyzed range of $101.88-$134.95 at expiration. In this scenario, the average linear return for the trade would be 51.19%. Big 9.66% Change: After closing the last trading session at $92.89, GUARDANT HEALTH INC opened today at $96.26 and has reached a high of $102.24. Trade approach: A movement as big as 9.66% is a significantly bullish indicator, so this trade is designed to be profitable if GH maintains its current direction and does not revert back to pricing on the bearish side of $101.86 on 18-Feb-2022. 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 GUARDANT HEALTH INC closes at or above $101.70 on 18-Feb-2022. Based on our risk-neutral analysis, there is a 50.25% 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.