Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Short Risk Reversal trade opportunity for RIVIAN AUTOMOTIVE INC. CLASS A COMMON S (RIVN) for the 18-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. RIVN was recently trading at $78.67 and has an implied volatility of 87.66% for this period. Based on an analysis of the options available for RIVN expiring on 18-Feb-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $59.00-$78.67 at expiration. In this scenario, the average linear return for the trade would be 65.44%. Big -8.82% Change: After closing the last trading session at $86.28, RIVIAN AUTOMOTIVE INC. CLASS A COMMON S opened today at $83.52 and has reached a low of $77.65. Trade approach: A movement as big as -8.82% is a significantly bearish indicator, so this trade is designed to be profitable if RIVN maintains its current direction and does not revert back to pricing on the bullish side of $78.67 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 bearish strategy, the trade would be profitable if RIVIAN AUTOMOTIVE INC. CLASS A COMMON S closes at or below $80.59 on 18-Feb-2022. Based on our risk-neutral analysis, there is a 53.33% 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.