Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for MONGODB INC. CLASS A COMMON STOCK (MDB) for the 25-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. MDB was recently trading at $398.00 and has an implied volatility of 62.68% for this period. Based on an analysis of the options available for MDB expiring on 25-Feb-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $318.35-$398.03 at expiration. In this scenario, the average linear return for the trade would be 57.40%. Big -7.36% Change: After closing the last trading session at $429.63, MONGODB INC. CLASS A COMMON STOCK opened today at $414.10 and has reached a low of $398.00. Trade approach: A movement as big as -7.36% is a significantly bearish indicator, so this trade is designed to be profitable if MDB maintains its current direction and does not revert back to pricing on the bullish side of $398.00 on 25-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 bearish strategy, the trade would be profitable if MONGODB INC. CLASS A COMMON STOCK closes at or below $403.30 on 25-Feb-2022. Based on our risk-neutral analysis, there is a 52.35% 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.